TMI BlogSelling of Used oilX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir, We bought fresh oil from some vendor on excise invoice . we have taken cenvat credit on fresh oil and it is used in hydraulic system, Equipment gear box for operation for equipment mainte ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nance. After during this process generate used oil. This generated used oil we want to sales to customer so that in invoice whether charged Excise duty or not ? Kindly need your suggestion. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - Reply By Mahir S - The Reply = Yes Sir, Excise duty shall be required to be charged on the transaction value. - Reply By Tejas Gandhi - The Reply = Sir ,Thanks for reply. Sir, i would like to k ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... now about why excise duty charge on used oil during generated from fresh oil as below mail. because used oil are not manufacturing process . it is generated during equipment maintenance ,hydraulic sys ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tem gear box for maintain machinery . Thanks Regards, Tejas Gandhi. - Selling of Used oil - Query Started By: - Tejas Gandhi Dated:- 29-5-2015 Central Excise - Got 2 Replies - Central Excise - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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