Sale of old machinery
Amit Jain (Sr. Accounts Officer) (96 Points)
03 September 2018What to do with depreciated value
any rebate available?
Case 1 when ITC claimed on it
Case 2 no ITC claim
Mahesh Paryani
(Chartered Accountant)
(365 Points)
Replied 03 September 2018
You need to specify for which act are you asking this answer. there are different provisions as per excise and different provisions as per VAT