https://www.taxtmi.com/forum/issue?id=106210 A manufacturer who makes a machine for self-use becomes liable to excise if the machine's value exceeds the small-scale producer threshold or otherwise falls under valuation rules treating production cost (with the prescribed margin) as assessable; the taxable value is determined on the date of first use and must be declared and tax paid in the excise returns, with input credit available as applicable. en-us Thu, 31 Oct 2013 22:07:50 +0530 Thu, 23 Jan 2025 15:57:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=106210 A manufacturer who makes a machine for self-use becomes liable to excise if the machine's value exceeds the small-scale producer threshold or otherwise falls under valuation rules treating production cost (with the prescribed margin) as assessable; the taxable value is determined on the date of first use and must be declared and tax paid in the excise returns, with input credit available as applicable. Discussion-Forum Central Excise Thu, 31 Oct 2013 22:07:50 +0530 https://www.taxtmi.com/forum/issue?id=106210