duty on clearance of used compressors

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..... duty on clearance of used compressors
Query (Issue) Started By: - jagadesh kumar bhojanapalli Kumar Dated:- 19-11-2014 Last Reply Date:- 24-1-2016 Central Excise
Got 2 Replies
Central Excise .....

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Dear Sir, We are having 100% EOU unit, may we know what will be duty is applicable on removal of used compressors where we have not availed any exemptions like (either PC or CT-3). regards, .....

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..... jagadesh kumar Reply By MARIAPPAN GOVINDARAJAN: The Reply: Whether you have got clarified in the above issue? If not please inform. Reply By KASTURI SETHI: The Reply: Old and used capital goods .....

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..... (compressors) have to be cleared on payment of duty to be calculated at depreciated value to be worked out by way of straight line method.
Discussion Forum - Knowledge Sharing .....

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