We bought fresh oil from some vendor on excise invoice . we have taken cenvat credit on fresh oil and it is used in hydraulic system, Equipment & gear box for operation for equipment maintenance. After during this process generate used oil. It is not manufacturing process.
This generated used oil we want to sales to customer so that in invoice whether charged Excise duty or not ?
10 June 2015
If you are manufacturer then charge the duty on transaction value if you are service provider then reverse the cenvat credit on transaction value of the the used oil.