Sale of Equipment by Service Provider

Sushma Mevacha (Executive) (394 Points)

12 March 2011  

Service Provider “A” purchased a Loader in F.Y. 2008-09 & used the same in providing the out put services. Now “A” wants to sale the Loader & he availed the Depreciation of excise duty @ 2.5% per quarter & paid the excise duty. ( By cenvat Credit & rest y Cash – PLA). “A” is already registered in Excise as First stage dealer.

Now my query is though “A” is a service provider, he can raise the Excise Invoice?  If No, Please specify the procedure?

And If “A” can raise the Excise Invoice, can a buyer take credit of the duty?

Regards

Sushma Mevacha