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Reverse of duty

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....everse of duty<br> Query (Issue) Started By: - KAYALVIZHI VENKATESH Dated:- 15-5-2008 Last Reply Date:- 25-9-2009 Central Excise<br>Got 2 Replies<br>Central Excise<br>My client has made supplies of st....

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....eel coils slit to size to 100% EOU against CT3 certificate. Since slitting of steel is a process and not manufacturing process, department informed the assessee that CT3 should not have been issued by....

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.... the department for this supply and hence the duty is payable by the 100% EOU. However the EOU claim that they are exempt from all duties and they will not pay. Now the department has asked the assess....

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....ee to reverse the duty along with interest. Is the department right? Reply By Madhukar N Hiregange: The Reply: This case is a little difficult as the goods which are traded are not allowed to be supp....

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....lied to the EOU only manufactured goods can be sent without processing. EOU may not pay at this point of time though they can avail the credit and take a refund of the central excise duty as well as t....

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....he service tax paid. But refunds in India are a long drawn out process. There is possibility that there is a defense however it may entail litigation. You should contact a good consultant near you for....

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.... assistance in this reagrd. Reply By R.S. Mangal: The Reply: when slitting of steel is a process and not manufacturing process, the question of demanding excise duty is not tenable.<br> Discussion For....

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....um - Knowledge Sharing ....