Sale of capital goods
This query is : Resolved
Anil Tiwari
(Querist)
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.
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