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Disposal of Asset As a scrap

Central Excise - Started By: - Swapneswar muduli - Dated:- 9-5-2016 Last Replied Date:- 9-5-2016 - Dear Sir,We disposed our old unused assets as a scrap and we remove this assets from our books of accounts.So we need to pay excise how much sale value .....

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ly By surya narayana - The Reply = Dear Friend,I endorse the view of Shri. Kasturi Sethi Ji while giving a small advise as an abundant caution that please ensure mentioning in the clearance invoice after the item name ( Scrap ) or write as as a prefi .....

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