Goods produced in factory and stored outside in warehouse
In this case, Goods are allowed to be removed from factory and allowed to be stored in warehouse.
Excise duty is applicable on the date of removal of goods from warehouse and the person liable to pay duty is the person who stores goods in warehouse.
Change in Tax Rate between Date of Manufacture and Date of Removal
In this case, tax rate as on date of removal from factory is applicable
Goods were taxable at 0% later become taxable at 12.5%
In this case also, tax rate as on date of removal from factory is applicable
Goods were taxable at 12.50% but were exempted due to a notification,
later exemption notification withdrawn and they became taxable
In this case also, tax rate as on date of removal from factory is applicable
Goods were Non Excisable (not mentioned in CETA) later became taxable on date of removal
In this case, no duty as goods were not excisable at the time of manufacture.
|
Rate at the time of Manufacture |
Rate at the time of Removal of Goods From Factory |
Rate Applicable |
|
10% |
12.5% |
12.5% |
|
15% |
12.5% |
12.5% |
|
0% |
12.5% |
12.5% |
|
Exempted |
12.5% |
12.5% |
|
Non Excisable |
12.5% |
No Duty Non Excisable |
|
12.5% |
12.5% + Additional Duty 4% |
12.5% (Additional Duty cannot be imposed) |
|
12.5% |
13.5% + Additional Duty 4% |
13.5% (Additional Duty cannot be imposed) |
