We are selling Textrusing Machines which we purchased second hand without payment of excise dutty, Threfore please confirm that while selling the same today are we charged excise duty in the invocie or not.
if any notification /law , please confirm
Further what description we mentioned in the invoice while selling the above second hand goods.
Excise Duty Not Applicable on Resale of Second-Hand Machines Without Manufacture or CENVAT Credit, Forum Discusses A discussion in a forum revolves around whether excise duty applies to the sale of second-hand Textrusing Machines that were initially purchased without paying excise duty. One participant asserts that since no manufacturing occurs during resale and no CENVAT credit was availed, excise duty is not applicable. They emphasize the importance of referencing the purchase invoice in the sale invoice. Another participant questions the specific legal provision allowing this. The discussion clarifies that excise duty applies to manufactured goods, and since these machines are not manufactured goods, excise duty is not required. The determination relies on material facts, not explicit legal provisions. (AI Summary)
TaxTMI 
TaxTMI 
TaxTMI 
