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Removal of capital goods

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(Querist)
18 April 2014 I removed a capital goods after use. And as per reversel rules of excise, duty payable by me is 50000/- but as per transaction value, excise duty payable is 40000/-(333333 12%). I have to pay whichever is higher.. pls tell me in creation of bill, how much amount of excise duty will be added?
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Pushkar Singh Mer

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Pushkar Singh Mer (Expert)
20 April 2014 Please read Rule 3(5) of CENVAT CREDIT RULES, 2004
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