Notification No. 39/2007-Central Excise (N.T.)

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..... Please let us know whether Notification No. 39/2007-CE(N.T.) still holds good or is there any new notification on Removal of Capital Goods - Reversal of Cenvat Credit - Reply .....

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..... By pradeep khatri - The Reply = This Notification still hold good and you would have to reverse 2.5% per quarter while removing of capital goods after usage. Furhter, there was a circular that cla .....

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..... rifed that even if after 10 years of usage of capital goods, if removed, then, even, there is a requirement to pay C.E. duty on the transaction value of the capital goods. Hope this will clarify thi .....

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..... s issue. Best Regards, Pradeep Khatri - Notification No. 39/2007-Central Excise (N.T.) - Query Started By: - JAGANATHAN KUMARAVEL Dated:- 29-5-2011 Central Excise - Got 1 Reply - Central Excise .....

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..... - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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