Dear Friends,
Please answer one queary.
whether duty will be reversed on export sale of used capital goods? if yes, then please provide me notification or circular or case law.
thanks in advance.
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Excise duty payment on used capital goods
Replies (1)
Dear Mr.Gupta,
Export of used capital goods requires the reversal of cenvat credit availed on the same.This was confirmed by the tribunal in the follwing case.
2010-TIOL-1455-CESTAT-MUM
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