We have purchased some machinery in 1982 for our A unit which is in X state. In 2009 we have shifted to this machinery in our B unit in Y state on stock transfer with debit note. Now we are planning to sell the machinery within the Y state, my question is, which type of invoice we have to raise, excise or commercial?
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Sale of old machinery
Replies (4)
Excise invoice if cenvat availed at the time of purchase. Modvat was introduced in 1986 so there is no question of credit and hence u can issue a commercial invoice
Agreed with Mr. Dharmender Singh
Agreed with Mr. Dharmender Singh
100 % correct Mr. Dharmender Singh
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