Removal of capital goods after use :
In case of supply of capital goods on which input tax credit has been taken, the registered person shall pay an amount equal to the input tax credit taken on the said capital goods or plant and machinery reduced by the percentage points as may be specified or the tax on the transaction value of such capital goods or plant and machinery determined under section 15 of CGST Act, whichever is higher – section 18(6) of CGST Act.
However, in case of bricks, moulds and dies, jigs and fixtures are supplied as scrap, the taxable person may pay tax on the transaction value of such goods determined under section 15 of CGST Act – proviso to section 18(6) of CGST Act.