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Sales of Used oil from transformer

Central Excise - Started By: - Swapneswar muduli - Dated:- 27-12-2015 Last Replied Date:- 2-1-2016 - Dear Sir,We are a manufacturer and we used the electrical transformer in our factory for our home use.We sale the used oil from our factory which we have used in electrical transformer.When we purchase the lubricant oil at that time we taken credit 14%.So the time of sale how much % Excise we will charge in this transaction and is this TCS will applicable on this transaction as we are sale this m .....

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ch it was purchased to read as at prevailing rate . - Reply By YAGAY AND SUN - The Reply = In vikrant Tyres v CCE 2004 171 ELT 23 (CESTAT),= 2004 (7) TMI 113 - CESTAT, BANGALORE it was held that waste oil does not emerge from process of manufacture and hence is not dutiable. - Reply By raj kumar shukla - The Reply = is it duty payment or reversal of credit. - Reply By Himanshu Sharma - The Reply = Hi!The question here is ED payable on Spent LubeAnswer is yes as this is generated out of manufactu .....

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