TaxTMI 
TaxTMI 
about entry of sale of capital goods in ER-1.
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....bout entry of sale of capital goods in ER-1.<br> Query (Issue) Started By: - MEHUL ASHAR Dated:- 5-6-2012 Last Reply Date:- 9-6-2012 Central Excise<br>Got 2 Replies<br>Central Excise<br>Respected Sir,....
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.... One of my clients has sold machiney(excisable)now is it necessary to show the whole amount of duty in the capital goods input as such in the ER-1 or we can part the entry in two as one part in cred....
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....it & other in the PLA, is it valid or not please guide as soon as possible. Reply By Pradeep Khatri: The Reply: You may debit the required amount of duty from PLA as well as CENVAT credit account. I....
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....t is legal to show and debit in such way. Reply By SHASHIKANT WATEKAR: The Reply: show in ER-1 , CAPITAL GOODS AS SUCH REMOVED. IN DUTY PAID SHEET.<br> Discussion Forum - Knowledge Sharing ....