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about entry of sale of capital goods in ER-1., Central Excise

Issue Id: - 4218
Dated: 5-6-2012
By:- MEHUL ASHAR

about entry of sale of capital goods in ER-1.


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Respected Sir,

                         One of my clients has sold machiney(excisable)now is it  necessary to show the whole amount of duty in the capital goods input as such in the ER-1 or we can part the entry in two as one part in credit & other in the PLA, is it valid or not please guide as soon as possible.

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Showing Replies 1 to 2 of 2 Records

Page: 1


1 Dated: 6-6-2012
By:- Pradeep Khatri

You may debit the required amount of duty from PLA as well as CENVAT credit  account.  It is legal to show and debit in such way.

 


2 Dated: 9-6-2012
By:- SHASHIKANT WATEKAR

show in ER-1 , CAPITAL GOODS AS SUCH REMOVED. IN DUTY PAID SHEET.


Page: 1

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