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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 .....

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aterial as a scrap.RegardsSwapneswar Muduli. - Reply By Ganeshan Kalyani - The Reply = The used lubricant oil does not loose it s character of lubricant and can be used as lubricant by the buyer hence it ia still a petroleum product and excise duty i .....

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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 a .....

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ring process. Secondly it is marketable and movable without loosing it identity.Question ED % <> Rate of duty prevailing the the time of disposalPlease be noted TCS @ 1.133% will be applicableHimanshu - Reply By Rajagopalan Ranganathan - The Re .....

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