plant and machinery sold as scrap after utilisation of cenvat credit utilised.P & M purchased March 2012 and duty of Rs. 60364 and P & M sold january,2014.
17 January 2015
w.e.f 27.9.13, if the capital goods are cleared as waste and scrap, an amount equal to the DUTY LEVIABLE ON TRANSACTION VALUE should pay. Not no 12/2013 datd 27.09.13
CAclubindia
