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Selling of Used oil

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..... Selling of Used oil
Query (Issue) Started By: - Tejas Gandhi Dated:- 29-5-2015 Last Reply Date:- 30-5-2015 Central Excise
Got 2 Replies
Central Excise
Dear Sir, We bought fresh oil from .....

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..... some vendor on excise invoice . we have taken cenvat credit on fresh oil and it is used in hydraulic system, Equipment & gear box for operation for equipment maintenance. After during this process gen .....

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..... erate used oil. This generated used oil we want to sales to customer so that in invoice whether charged Excise duty or not ? Kindly need your suggestion. Reply By Mahir S: The Reply: Yes Sir, Exci .....

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..... se duty shall be required to be charged on the transaction value. Reply By Tejas Gandhi: The Reply: Sir ,Thanks for reply. Sir, i would like to know about why excise duty charge on used oil during .....

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..... generated from fresh oil as below mail. because used oil are not manufacturing process . it is generated during equipment maintenance ,hydraulic system & gear box for maintain machinery . Thanks & Re .....

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..... gards, Tejas Gandhi.
Discussion Forum - Knowledge Sharing .....

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