Excise duty clarification

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Accountant
90 Points Joined April 2009

Dear All,

Please clarify Whether excise duty is applicable when the machiners of company given to retiring partner as settlement..

Thanks & Regards

Fareed

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On 01 June 2013 at 14:23 Report
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Blogger
237 Points Joined December 2012
Yes, excise duty is applicable on this transaction.
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On 01 June 2013 at 16:09


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