Sale of capital goods

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Anil Tiwari (Querist)
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11 October 2011 Dear Sir,

We have Import capital goods on concessional rate of duty, we want to sale our capital goods then suggest me what is the rule of sale this capital goods and if we have sale this capital goods then how I can implement depreciation. plz reply with an example and also Notification of Central Excise

yours
Anil Tiwari
9871125025

ADITYA

ADITYA (Expert)
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06 November 2011 Dear Tiwari,

Capital Goods imported on concessional rate of duty must be attracting some condition/s on sale in open market.
You have to go through the permission letter obtained by you in this regard.