Sale of capital goods
This query is : Resolved
11 October 2011
Dear Sir,
We have Import capital goods on concessional rate of duty, we want to sale our capital goods then suggest me what is the rule of sale this capital goods and if we have sale this capital goods then how I can implement depreciation. plz reply with an example and also Notification of Central Excise
yours
Anil Tiwari
9871125025
We have Import capital goods on concessional rate of duty, we want to sale our capital goods then suggest me what is the rule of sale this capital goods and if we have sale this capital goods then how I can implement depreciation. plz reply with an example and also Notification of Central Excise
yours
Anil Tiwari
9871125025
06 November 2011
Dear Tiwari,
Capital Goods imported on concessional rate of duty must be attracting some condition/s on sale in open market.
You have to go through the permission letter obtained by you in this regard.
Capital Goods imported on concessional rate of duty must be attracting some condition/s on sale in open market.
You have to go through the permission letter obtained by you in this regard.
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
- Gst registered proprietorship firm
- Price inclusive or exclusive of GST while made entry in P& L Account
- TDS Challan - change of FY 2025-26 to TY 2026-27
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- Minimum tax payable to file Updated return
- Tax rate change regarding
- GST ISSUE OF INPUT AND OUTPUT GST
- GST Intimation due to Government took possession of Business Premises under PPE Act
- SALARY CAN BE CAPITALIZE
- UDIN ISSUE
- Non filing of I T Returns
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
