Procedure to sell tool

kumar hattanna (Officer - Excise) (525 Points)

31 January 2014  

Dear Friends

We are holding excise warehouse and registered with excise authority. Recently we have purchase a tool and we have not taken cenvat credit. Now same we need to sell the other customer which is not used by us.

Basic cost of the tool is 500000

ED-60000

EC-1200

SHEC – 600

Now we plan to sell at 6, 20,000

How do I sell this tool?

Please suggest

Regards

Kumar