Sale of old machinery
This query is : Resolved
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
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
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.
There is no need to charge excise duty on that machines, because, these machines are more than 10 years old.
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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