Excise registration- company has 2 factory warehous & retail
This query is : Resolved
29 March 2016
Dear All,
As per Budget 2016 readymade garments industry to face 2% excise levy.
We have 2 factories & 1 warehouse and exclusive 30 retail outlets of our own.
1. Whether required take Excise registration for only 2 factories?
2. Goods transferred from factory to warehouse and from warehouse to retail outlets. Whether all retail outlets to be registered, as sale will be from retail outlets.
3. Excise duty to be paid after goods removed from Factory to Warehouse or after removed from Warehouse to Retail outlets or after sales from Retail outlets.
Please help to me solve above queries. Thanks in advance.
As per Budget 2016 readymade garments industry to face 2% excise levy.
We have 2 factories & 1 warehouse and exclusive 30 retail outlets of our own.
1. Whether required take Excise registration for only 2 factories?
2. Goods transferred from factory to warehouse and from warehouse to retail outlets. Whether all retail outlets to be registered, as sale will be from retail outlets.
3. Excise duty to be paid after goods removed from Factory to Warehouse or after removed from Warehouse to Retail outlets or after sales from Retail outlets.
Please help to me solve above queries. Thanks in advance.
Arun Kumar Singh
(Expert)
03 April 2016
You need to registered with central excise only one unit. If you want to details about your product then visit my profile and contact with.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Taxation of crypto futures in India Fy 2026- 2027
- MSME disclosure and disallowance
- EPF ECR NEW RULES Sep 17th 2026
- Issuing of delivery challan by seller of goods
- Transfer of Physical Stock Between Two Proprietorship Concerns
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
