excise duty payable

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..... excise duty payable
Query (Issue) Started By: - Ramakrishnan Seshadri Dated:- 10-12-2015 Last Reply Date:- 11-12-2015 Central Excise
Got 2 Replies
Central Excise
Dear Sir, we kindly requ .....

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..... est the experts to guide me whether to scrap the 2003 /2004 machines now excise duty has to be paid or not because the depreciation has already been calculated every year. it is almost 12 years over. .....

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..... Please guide me. Thanks S.Ramakrishnan Reply By KASTURI SETHI: The Reply: Used capital goods sold/cleared as scrap will attract Central Excise duty on its transaction value. Reply By MARIAPPAN G .....

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..... OVINDARAJAN: The Reply: Duty will be attracted at narrated by Shri Kasthuri.
Discussion Forum - Knowledge Sharing .....

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