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Surrender of excise registration (Excise)

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This query is : Resolved


( Author )
06 October 2012

We have Stop all the Sale/Purchase in our Company from July'2012. Now, we are filing ER-1 online as sale/Purchase NIL. But we are showing in ER-1, Stock of Finished goods and Balance of RG-23 A Part II from July'12 to till month. Now we want to surrender our Excise Registration. Can we do this between this Financial Year? if Yes, What is the procedure for Surrender the registration?


U S Sharma

( Expert )
07 October 2012

http://www.cbec.gov.in/excise/cx-act/notfns-2k1/cent35-2k1.htm


Surrender

( Expert )
08 October 2012

CENVAT credit as availed on inputs as per RG 23 II would be accountable as also due CENVAT on FG stock as pre condition for surrender of ECC


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