We are importing equipment from Germany & China and We have three segment of business i.e. Direct Sales , Rental & Used Equipment Sale.
So wants to know that can we pass CVD benefit of Capitalised equipment when we are selling it under used equipment category to the customers.
For Ex:- We imported equipment , capitalised it for rental business while not claimed CVD benefit and later after 5 months, we want to sell it under "Used Equipment" segment to the customer.
So, in Used Equipment segment, can we pass CVD benefit to the customer since customer is insisting that you can pass it to us because you have not claimed.
We are registered with Central Excise and in Direct Sales segment, we pass it to the customer.
Regards,
Dhiru
CAclubindia
