02 April 2013
Dear sir, Our company purchased a machinery in 10 june-10. We credit taken it. but in this time we want to sale it so pls tell or suggest me how i calculate duty on remove of this machinery. Pls Send me calculation it.
09 April 2013
Cenvat credit originally taken on the capital goods is reduced by 2.5% for each quarter of a year or part thereof from the date of taking the cenvat credit.