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Excisable Machinery (Capital Goods) give as rental base

Excisable Machinery (Capital Goods) give as rental base - Central Excise - Started By: - Nitin Patel - Dated:- 17-10-2015 Last Replied Date:- 29-10-2015 - dear expertWe have purchase excisable machinery in may 2012 we have use this machine three year , now we thinking this give as rental base , we have taken credit of capital goods , so now we give this machinery as rental base question is we have required to reverce capital goods credit or not , - Reply By YAGAY AND SUN - The Reply = Ownership .....

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