Please Help: excise on beers
Posted Date : 24-Apr-2012 , 11:19:29 am | Posted By: Sourabh Mehra
Category :
Excise | Answers :
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Suggest me what is the rules and regulations of excise on manufacturing of beers, plz refer also sections on the basis of which excise duty is calcuated on beers and paid, also suggest me what records required to be maintained |
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Answers:
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Answer by: Rishabh Upadhyay |
Dear Saurabh, Beer/alcohal production is covered under central excise ie it will be under control of central excies depart and not under the state excise. Secondely, rate of excise and procedure to calculate excise will be same as in other commodities.
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Answer by: Rishabh Upadhyay |
However being a notified item, and lot of goods that goes out of factory needs to be verafied with excise inspectors. So the two issues to start with are Registration under Central Excise and secondly the allignment with central excise inspectors.
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Answer by: Rishabh Upadhyay |
As for records are concerned, requirements for RG resisters are long done away,, so no specific records are required other than theproper format for invoice and maintainance of challans.
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