Transition rule

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sunil (Querist)

08 June 2017 Transition rule is now notified. We have two units with two different business place. A unit is main business place and B is another business place. we have get provisional ID from A business place and in B business place there is capital goods credit available more than 5 lacs. How we can transfer credit from capital goods credit under central excise act to GST act? It will transfer as per last excise return? It will transfer electronically? Required to submit any physical documentary. evidence? Any premises verification by central excise officer required?

Suresh Mittal

Suresh Mittal (Expert)

08 June 2017 If both of business places are in one State than you need only one registration. Assuming that both are in same State, while filling your migration application mention the excise particulars of all place in same State. It make no difference whether its A or B place as long as PAN is same. For credit you need to file GST Tran 001 within 90 days of appointed date.

sunil

sunil (Querist)

08 June 2017 thanks Sureshji

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