dear experts
suppose x company sells a capital asset t.e machinery after using for 5 yeras . then does the company have to reverse credit under section 3(5) of cenvat credit rules or 3(5) b
how to calculate the amount of cenvat duty to be reversesd/
and most importantly company is exporting the machine to other country
now can it avail the facility on the basis of export sale of not reversing the credit
company is selling machinery undr form h
CAclubindia
