Liability
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 August 2011
Is there any excise duty liability at the time of sale of old used plant & machinery from factory?
12 August 2011
AS per rule 3, subrule(5)(a)of CCR'2004,Sale of old used plant & machinery from factory, shall attract duty at transcation value of such goods being sold
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