Sell value of machinary
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 October 2015
Dear Expert,
Kindly provide information abt our one working machinery sell to third party ,its already 6 years old
Now quation what is sell price (Book value), & which rate take of excise (At time purchase or exiting Rate) how can we cleared in excise book, show in ER 1, & our books of account,
Please cleared the same above
Advance Thanks & Trgards
Mahesh
Kindly provide information abt our one working machinery sell to third party ,its already 6 years old
Now quation what is sell price (Book value), & which rate take of excise (At time purchase or exiting Rate) how can we cleared in excise book, show in ER 1, & our books of account,
Please cleared the same above
Advance Thanks & Trgards
Mahesh
05 October 2015
You need to pay duty on capital goods after sale quarterly reducing at the rate of 2.5% of the purchase value of the goods.
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