Sir
We sold our machinery to Vijayawada unit. Now we want to transport the machinery from hyderabad to vijayawada.
how to pass the entries and how create the waybill?
CA Tanvi Sheth
(Consultant)
(232 Points)
Replied 01 October 2016
Hello,
As per your explanation, it seems you want to transfer the machine from one unit to another, in such a case u need to pass branch transfer entry. Also if you are covered under excise and if the asset is not very old then few Excise provisions will also apply.
And if not then just pass Vijaywada Branch (Dr.)
To Hyderabad Branch(Cr.)
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