Tax implication of supply of capital goods by a registered person who had taken ITC on such capital goods :

What is the tax implication of supply of capital goods by a registered person who had taken ITC on such capital goods?
Ans. The registered person would pay an amount equal to ITC reduced by prescribed percentage point or tax on the transaction value, whichever is higher. But in case of refractory bricks, moulds and dies, jigs and fixtures when these are supplied as scrap, the person can pay tax on the transaction value.