Excise duty applicability on sale of goods imported under ep
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 April 2013
Dear Sir
We imported capital goods (Tools) under epcg scheme. Now EO fullfilled and licence redeemed.
Now we want to sale of these tools. Excise duty will be applicable on this sale or not.
Please advise
Rgds
We imported capital goods (Tools) under epcg scheme. Now EO fullfilled and licence redeemed.
Now we want to sale of these tools. Excise duty will be applicable on this sale or not.
Please advise
Rgds
04 May 2013
Excise duty will be payable on assessable value.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS on Purchase of Immovable Property by NRI from NRI
- Capital gain from sale of house property
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- FORM 26A APPLICABILITY
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- Annual return in Gst
- SFT Cash Deposit in Current Account
- Copyright software
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
