Calculation of excise duty
This query is : Resolved
28 August 2015
Dear Sir,
We have Two Units(Separate Central Excise Registration).
1.We transfer Exciseable finished goods from Unit-1 to Unit-2 by raising Excise Invoice.
2. From Unit-2 we sell the same above finished goods to the Customers by raising Excise Invoice from Unit-2
My Query is
In what Assessable value(for Excise Duty payment Purpose) we can transfer the finished goods from Unit-1 to Unit-2
We have Two Units(Separate Central Excise Registration).
1.We transfer Exciseable finished goods from Unit-1 to Unit-2 by raising Excise Invoice.
2. From Unit-2 we sell the same above finished goods to the Customers by raising Excise Invoice from Unit-2
My Query is
In what Assessable value(for Excise Duty payment Purpose) we can transfer the finished goods from Unit-1 to Unit-2
31 August 2015
We would like to say you that if you will transfer the finished goods to another sister unit then the cenvat credit will not be applicable on finished goods.
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