Sale of machinery
This query is : Resolved
26 April 2013
hi, i have purchase a machinery for the manufacturing unit in july 2012 that time i took excise modevat and now i want to sale this machine. how could i generate the excise invoice. please guide for the excise calculation.
reply me soon because it is urgent.
help me
thanks
reply me soon because it is urgent.
help me
thanks
Arun Kumar Singh
(Expert)
04 May 2013
Cenvat credit originally taken on the capital goods is removed by 2.5% for each quarter of a year or part thereof from the date of taking the cenvat credit.
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