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Selling of Used oil
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....elling of Used oil<br> Query (Issue) Started By: - Tejas Gandhi Dated:- 29-5-2015 Last Reply Date:- 30-5-2015 Central Excise<br>Got 2 Replies<br>Central Excise<br>Dear Sir, We bought fresh oil from s....
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....ome vendor on excise invoice . we have taken cenvat credit on fresh oil and it is used in hydraulic system, Equipment & gear box for operation for equipment maintenance. After during this process gene....
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....rate used oil. This generated used oil we want to sales to customer so that in invoice whether charged Excise duty or not ? Kindly need your suggestion. Reply By Mahir S: The Reply: Yes Sir, Excis....
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....e duty shall be required to be charged on the transaction value. Reply By Tejas Gandhi: The Reply: Sir ,Thanks for reply. Sir, i would like to know about why excise duty charge on used oil during g....
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....enerated from fresh oil as below mail. because used oil are not manufacturing process . it is generated during equipment maintenance ,hydraulic system & gear box for maintain machinery . Thanks & Reg....
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....ards, Tejas Gandhi.<br> Discussion Forum - Knowledge Sharing ....