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Scrapped Steel Sale Excise Duty

Central Excise - Started By: - george thomas - Dated:- 5-4-2016 Last Replied Date:- 6-4-2016 - Dear SirWe are doing manufacturing and trading of Edible Oil .We leased out land from Chennai Port and construct Storage Tank.Now we want to sell scrapped .....

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t taken on the tank. If you have not availed any credit of duty paid on the tank then you can sell it as you wish. - Reply By surya narayana - The Reply = Dear Friend,Your query is not clear as to whether you are willing to sell the scrapped Tank as .....

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remises. If you have not availed any credit, and selling the dismantled scrap of tank, you need not pay any duty since the said scrap is not generated in the course of manufacture of your final Products.Best RegardsSuryanarayana - Reply By KASTURI SE .....

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