manufacture

Liability to Excise/Service Tax on sale of Scrap – A discussion Paper

Goods and Services Tax - Not all manufacturers are fully equipped to manufacture and supply a particular product. Therefore,theysend the semi-processed material or their raw materials to a job worker for carrying out the intermediate job work process....

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Madras HC says blending and bottling of IMFL is 'manufacture' , eligible for deduction under Sec 80IB

Goods and Services Tax - WHAT is 'manufacture' ? The Income Tax Act does not define it all. Nor does it say that the scope and meaning of this word may be borrowed from the sister taxing statute of Central Excise Act. As a result, it continues to be a major loosely defined concept, provoking the Income Tax AOs to disallow benefits claimed by the industry. This i...

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Whether process of pickling and oiling would amount to manufacture?

Circular No. 927/17/2010-CX - (24/06/2010) - It has been represented to the Board that certain units are undertaking the process of pickling and oiling in addition to process of de-coiling, cutting and slitting and whereas by circular No 811/08/2005-CX dated 02.03.2005 it has been clarified that processes of de-coiling, cutting and slitting do...

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CBEC issued clarification regarding labelling and repacking etc. amounting to manufacture.

Circular No. 910/30/2009-CX - (16/12/2009) - It has been brought to the notice of Board that certain dealers are receiving liquid chemicals in bulk in containers and offloading the same at the dealers’ premises or godown into drums of 200ltrs for subsequent marketing of these materials to customers. Doubts have been raised as to whether such...

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Recent Posts in "manufacture"

Liability to Excise/Service Tax on sale of Scrap – A discussion Paper

Not all manufacturers are fully equipped to manufacture and supply a particular product. Therefore,theysend the semi-processed material or their raw materials to a job worker for carrying out the intermediate job work process....

Read More
Posted Under: Excise Duty |

Whether process of pickling and oiling would amount to manufacture?

Circular No. 927/17/2010-CX (24/06/2010)

It has been represented to the Board that certain units are undertaking the process of pickling and oiling in addition to process of de-coiling, cutting and slitting and whereas by circular No 811/08/2005-CX dated 02.03.2005 it has been clarified that processes of de-coiling, cutting and slitting do not amount to manufacture....

Read More

CBEC issued clarification regarding labelling and repacking etc. amounting to manufacture.

Circular No. 910/30/2009-CX (16/12/2009)

It has been brought to the notice of Board that certain dealers are receiving liquid chemicals in bulk in containers and offloading the same at the dealers’ premises or godown into drums of 200ltrs for subsequent marketing of these materials to customers. Doubts have been raised as to whether such activity would amount to manufacture in...

Read More

Madras HC says blending and bottling of IMFL is 'manufacture' , eligible for deduction under Sec 80IB

WHAT is 'manufacture' ? The Income Tax Act does not define it all. Nor does it say that the scope and meaning of this word may be borrowed from the sister taxing statute of Central Excise Act. As a result, it continues to be a major loosely defined concept, provoking the Income Tax AOs to disallow benefits claimed by the industry. This i...

Read More
Posted Under: Excise Duty |

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