26 April 2013
hi, i have purchase a machinery for the manufacturing unit in july 2012 that time i took excise modevat and now i want to sale this machine. how could i generate the excise invoice. please guide for the excise calculation.
04 May 2013
Cenvat credit originally taken on the capital goods is removed by 2.5% for each quarter of a year or part thereof from the date of taking the cenvat credit.