Excisability
satishkumar rajaram savant
(Querist) 28 July 2009
This query is : Resolved
We are engaged in the activity of Excavation work.
We are processed on steel material & manufactured tools which is utilized in our excavator ( captive consumption ) & nothing for sale.
Whether this activity liable for Excise Duty under Excise Act?
Raj Kumar Makkad
(Expert) 08 October 2009
Yes. there is no such provision which may exempt u.