Q. Applicability of Central Excise on printing of educational books and educational question papers

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Question added Jun 26, 2021 Customs & Excise By Sushil Kumar Jain, CA in Practice, Delhi

Ours is a Private Limited Company.
Our GST audit for FY 2017-2018 & 2018-2019 is in progress.
The audit team has raised a question on the applicability of central excise on our business activity for FY 2016-2017.
Our total turnover for FY 2016-2017 was Rs 52.78 crores and were registered under DVAT.

We have been doing the following business activities:

1. Printing of educational question paper & OMR sheets for Ministry of skill development (Govt of India) (95% of total sales)
2. Printing of educational books for NCERT
3. Trading of paper (less than 2% of total sales)

QUESTIONS:

1. We want to know whether central excise was applicable on the above business activities?
2. Whether FY 2016-2017 can be examined now and whether it is time barred?

Concept by CA Pramod Jain

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