Hi Manoj,
Why is it necessary for you to pay excise duty. Subcontracting is exempt from Excise duty if the material have been converted and the same returned within 180 days. This requires the creation of a Subcontracting challan.
Regards
Binoy
Hi Manoj,
Why is it necessary for you to pay excise duty. Subcontracting is exempt from Excise duty if the material have been converted and the same returned within 180 days. This requires the creation of a Subcontracting challan.
Regards
Binoy