Siffing of factory one place to another place
This query is : Resolved
09 October 2009
Sir,
We are shiffing the fctory premises can we tell me that what is proceture we have to follow as per excise rule how can trasnfer the our capital goods which method we have to follow can u tell me wheather we have to pay exicse duty on trasnfer to capital goods.
what about excise duty on finished products.
Nitin Haldikar
We are shiffing the fctory premises can we tell me that what is proceture we have to follow as per excise rule how can trasnfer the our capital goods which method we have to follow can u tell me wheather we have to pay exicse duty on trasnfer to capital goods.
what about excise duty on finished products.
Nitin Haldikar
10 October 2009
Take registration at the new premises. Transfer all the materials (input and capital goods) to the new premises and pay duty of such transfer as inputs/capital goods removed as such. Even intermediate products can be transferred as such.
Once everything has been transferred, surrender the registration of old premises.
Once everything has been transferred, surrender the registration of old premises.
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
- Tax on Deemed Capital Gain
- F & O PROFIT REPORTING FOR AY 2026-27
- Type of Capital Gain
- Exiting partner in partnership firm in gst portal
- TDS _Long term Capital Gain ref.sec 214 Table 2
- TAX AUDIT QUESTION
- Grand in aid
- ASMT-10 received from A O
- VALUATION OF PRIVATE LIMITED COMPANY SHARES
- Taxability of credit in canara bank ET & T section (NRO)
- Gst on travel by air for business purposes
- Loss of interest in PF transfer from EPFO to Trust
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- TDS offline utility
- TDS on rent received on hardship compensation being rent on redevelopment of building
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
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
