TaxTMI 
TaxTMI 
Exemption availble to private company manufecturing readymix.
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....xemption availble to private company manufecturing readymix.<br> Query (Issue) Started By: - Anil Jangid Dated:- 6-1-2016 Last Reply Date:- 8-1-2016 Central Excise<br>Got 3 Replies<br>Central Excise<br>If Private Company is in business of manufecturing of ready mix concrete and delivers to its client office. If the clients of that company are only Government bodies like local authorities , Governm....
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....ent Projects. Then in that case is there any exemption to that company in Paying Excise duty? And in the same way if the company is subcontractor to goverment bodies i.e it is providing ready mix concerete to contractors of goverment. In that case is there any exemmption to that companyin paying excise duty? Please tell me your reply with supporting provisions as soon as possible. Reply By MARIAP....
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....PAN GOVINDARAJAN: The Reply: In my opinion it will not be exempted unless exemption given in Notification. Reply By Rajagopalan Ranganathan: The Reply: Sir, There is no exemption available to the manufacturer of ready mix concrete. He has to pay excise duty subject to the provisions of Notification NO. 8/2003-CE as amended (SSI Notification). Under this Notification if value of clearance in th....
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....e previous financial year did not exceed the limit of 1.5 Crores or during current financial year the value of clearance is not likely to exceed the of 1.5 Crores the manufacturer need not pay any duty. Reply By MARIAPPAN GOVINDARAJAN: The Reply: Thank you Sri Rajagopalan Sir, I have got clarified from your explanation.<br> Discussion Forum - Knowledge Sharing ....