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Sale of old machinery

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(Querist)
01 November 2012 DEAR SIR

WE ARE MANUFACTURING PVT LTD CO. NOW WE ARE GOING TO SALE OUR FEW OLD MACHINES. THESE MACHINES ARE 13-14 YRS OLD, SHOULD WE CHARGE EXCISE DUTY ON THESE MACHINES AND IS THERE ANY RULE TO INTIMATE THE EXCISE DEPARTMENT BEFORER SELLING THE MACHINES
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FCMA CS Pardeep Khaneja

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FCMA CS Pardeep Khaneja (Expert)
01 November 2012 Dear Vipin

There is no need to charge excise duty on that machines, because, these machines are more than 10 years old.
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Vipin Kumar Sharma

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Vipin Kumar Sharma (Querist)
02 November 2012 THANKS BUT YOU DIDNT TELL ME THAT IS THEIR ANY RULE TO INTIMATE THE EXCISE DEPARTMENT BEFORE SELLING MACHINE
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