banner_ad

excise duty on sale of old machinery

This query is : Resolved 
Profile Image

Profile Image

(Querist)
09 February 2010 I would like to know the applicability of excise duty on sale of old domestic machinery?
Profile Image

CA Amit Kumar Hallen

Profile Image

CA Amit Kumar Hallen (Expert)
09 February 2010 no, there is no excise duty on sale of old domestic machine.
Profile Image

Nazir

Profile Image

Nazir (Expert)
09 February 2010 VAT will attract..
Profile Image

CMA Ramesh Krishnan

Profile Image

CMA Ramesh Krishnan (Expert)
09 February 2010 Yes. VAT is applicable
Profile Image

CA Ravi Sisodia

Profile Image

CA Ravi Sisodia (Expert)
09 February 2010 no excise dutu will be attrcat but VAT will be applicable.
Profile Image

Lekh Sood

Profile Image

Lekh Sood (Expert)
23 February 2010 If the cenvat credit was taken on the machine then you have to reverse the cenvat credit after calculating 10% reduction in reversal for every year of usage.
Profile Image

Lekh Sood

Profile Image

Lekh Sood (Expert)
23 February 2010 If the cenvat credit was taken on the machine then you have to reverse the cenvat credit after calculating 10% reduction in reversal for every year of usage.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details