Sir,
we are paint mfg industry. now we are planning buy outside and wants to sell to our customers with label of our brand name. 100% they are producing with our brand name. We just inward the same and wants to sell to our customer with the same pacakage. Is it possible? whatever excise duty they are [ our supplier] charging we are going to pay thro our invoice. Is this ok. whether this is within the Cental EXcise rules and proceddures
your valuable suggesitons is awaited
venkat
Excise compliance for reselling third party manufactured finished goods: confirm duty payment and procedural documentation. Whether procuring fully finished, branded products from an outside manufacturer and reselling them under the purchaser's brand is consistent with excise procedures, and who must discharge excise duty, including the mechanics of invoicing the supplier's charged duty and required documentation to ensure compliant removal and sale of such finished goods. (AI Summary)