Refund of used capital goods
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 October 2011
i want to file refund claim of duty paid of capital goods which are cleared after 10 year of the life and that time depreciation value become nil as per depreciation law, so how can i apply for refund on duty paid and in which format i have to file refund of duty paid on capital goods after NIL value in books of account and cleared as as such.
01 November 2011
no cash refund
you have to use the credit on taxable clearances from your factory.
cash refund possible only under "export under rebate claim of duty"
you have to use the credit on taxable clearances from your factory.
cash refund possible only under "export under rebate claim of duty"
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
- Capital gain from sale of house property
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- TDS on Purchase of Immovable Property by NRI from NRI
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Regarding TDS Applicability For Director Remuneration
- LC charges in relation to Asset purchased should be Capitalised ?
- Transporter Declaration form
- FORM 26A APPLICABILITY
- Value of property in capital gain
- Copyright software
- Opting our of sec 44AD
- 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
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
