Excise on scrap oil
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 April 2014
Dear Sir,
We have Purchased oil (Hi lubricants) on CVD 14% SAD 4%, we have used same oil after used that oil we want to sale on scrap please suggest me rate of Excise duty on Wastage oil sale.
We have Purchased oil (Hi lubricants) on CVD 14% SAD 4%, we have used same oil after used that oil we want to sale on scrap please suggest me rate of Excise duty on Wastage oil sale.
04 April 2014
Yes, duty will be payable on sale of scrap.
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