Should Excise duty need to debit if we use some Raw material and FG for R & D.
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....hould Excise duty need to debit if we use some Raw material and FG for R & D.<br> Query (Issue) Started By: - Swapneswar muduli Dated:- 9-8-2016 Last Reply Date:- 9-8-2016 Central Excise<br>Got 3 Repl....
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....ies<br>Central Excise<br>Dear Sir, We are a manufacturer if we use the material for R & D or QC lab for testing purpose and this material for usable and scrap it. In that case should we need to Debit....
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.... the Excise Duty on these material or not ? Regards Swapneswar Muduli Reply By JSW CEMENT LIMITED: The Reply: If excisable goods are used in house for R&D purpose, then Excise duty will be payable....
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.... but for QC Lab testing being a part of manufacture, excise duty need not be reversed. Reply By ASHOK AMIN: The Reply: Dear Expert, How to prepare invoice for in house debit ? Regards, Reply By J....
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....SW CEMENT LIMITED: The Reply: You can create invoice in your plants name itself.<br> Discussion Forum - Knowledge Sharing ....


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