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Sale of old machine

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 June 2014 calculation of excise duty quarter wise if we have taken cenvat credit on 31.03.2012
how much quater multiple of 2.5% if we sale this in june 2014
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Arun Kumar Singh

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Arun Kumar Singh (Expert)
16 June 2014 You can deduct the cenvat credit @ the rate of 2.5% per quarter. Pay the excise duty at the time of sale of capital goods.
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Querist : Anonymous

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Querist : Anonymous (Querist)
23 July 2014 DEAR SIR,
PLEASE TELL FOCUS MARKET SCHMEE DETAIL
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