TaxTMI 
TaxTMI 
we make dies as per customer job. Thi invoice to made by paying one time Excise Duty This die is further used as make number of jobs as per customer orders. the please tell me shall we liable to Dies Amortision cost for that die.
Amortisation cost
23 Aug 2008 
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Dies amortisation: when dies are provided free, their cost must be amortized; job workers may be exempt in supply cases.
Dies provided free must have their cost amortized. In job-work arrangements where the principal supplies dies and remains liable for excise on goods returned, the job worker may choose not to amortize die cost. When a die is made and used within the same factory and finished goods are sold at an agreed price, excise is payable on the sale price; if goods are not sold, die cost must be amortized over its useful life. (AI Summary)
Dies provided free must have their cost amortized. In job-work arrangements where the principal supplies dies and remains liable for excise on goods returned, the job worker may choose not to amortize die cost. When a die is made and used within the same factory and finished goods are sold at an agreed price, excise is payable on the sale price; if goods are not sold, die cost must be amortized over its useful life. (AI Summary)