Excise duty on Inhouse Captital Goods/Sapares

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....xcise duty on Inhouse Captital Goods/Sapares<br> Query (Issue) Started By: - SNEHAL SHAH Dated:- 8-11-2014 Last Reply Date:- 9-11-2014 Central Excise<br>Got 2 Replies<br>Central Excise<br>R/sir,We are....

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.... Manufacturing of Chemical as a Finished Goods and pay duty at the time of Removal . But we have prepare in house toolsand spares with purchase of raw material excisable and Non Excisable . Can Duty l....

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....iability on this toolsand spares ? Please guide in this query . Thanks Snehal Shah Reply By DIPAK K: The Reply: Dear snehal, These tools and spares are exempt if:-1. Manufactured within your factory.....

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.... 2. Used within your factory for manufacturing of dutiable final product. Please refer Notification No. 67/1995-CE for details. Reply By Pradeep Khatri: The Reply: Dear Snehal, Manufacturing of cap....

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....ital goods for captive use, are exempted under Notification No. 67/1995-C.E., since these goods remains in the factory itself and are not being removed. Regards YAGAY and SUN (Management, Business ....

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....and Indirect Tax Consultants)<br> Discussion Forum - Knowledge Sharing ....