Dear All,
Assume that I am a civil contractor who is supposed to construct a huge residential project in which minimum 1 lac cubic metre concrete is required. In order to ease my work, I am planning to set up my own batching plant for the production of concrete required in that particular site only and I will not provide/sell the concrete to anyone else. In this case, the concrete produced from the said batching plant will attract prevailing excise duty? And what would be the impact if the said batching plant is erected on the ground out of the construction site though the concrete is produced only for the site?
Please clarify in layman's terms and let me know if further details in this regard is required.
Thanks & Regards,
R. Selvaraj
