TaxTMI 
TaxTMI 
Applicability of excise duty on drums
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....pplicability of excise duty on drums<br> Query (Issue) Started By: - chaganti srinivas Dated:- 8-1-2010 Last Reply Date:- 9-1-2010 Central Excise<br>Got 4 Replies<br>Central Excise<br>Dear Sirs, Do we....
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.... need to pay Excise duty on the Drums, which we received with our inputs, while clearing them as scrap. Reply By ram avtar singh: The Reply: You have Purchase Excisable Materials in drums. at the tim....
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....e of purchase its value added in assessable value and calculated Excise duty libility and you have taken Cenvat credit. so when you clearing/sale this material as scrap you should charge All part of D....
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....uty and Tax. Reply By YASH SOOD: The Reply: Not correct. It has been judicially held that Excise duty is on manumactutred goods. Since 'Drums' cleared as scrap is not manufactured product of ur factot....
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....ry, no need to pay ecise duty. Reply By Surender Gupta: The Reply: I agree with the view of Mr. Yash Sood, you are not required to pay any duty of excise on clearnce of packing materials - pakcing ma....
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....terial like empty drums in your case neither input nor manufactured product hence not liable to any duty Reply By YASH SOOD: The Reply: Thanks Surinder Guptaji to agree with me.<br> Discussion Forum -....
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