banner_ad

Cenvat credit

540 views 1 replies
A factory is having inputs outside the factory after having permission from Excise department. The company has not taken cenvat credit on stock. Stock is transferred at another factory located in other state.

1. Whether cenvat credit will be available in the other factory?

2. Whether there will be any implication under excise?
Replies (1)

Permission for storing inputs outside the factory is granted only when the party intend to avail credit on it. Hence in your case there is no question of having permission from the department. Cenvat credit would be admissible after completing certain formalities.

 

Advocate Raksh*t Verma


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
04 May 2026
Articleship

S.K Gairola & CO

New Delhi

B.Com

View Details
Company
09 May 2026
Audit Manager

Kanna and Associates

Coimbatore

CA Inter

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
06 May 2026
Account Assistant / Article Clerk

V.K. Ranjan & Co(Chartered Accountants)

New Delhi

B.Com

View Details
Company
10 May 2026
Finance specialist

Right way solution

Ajmer

CA

View Details
Company
ARTICLESHIP 30 April 2026
Article Assistant

J SINGH & ASSOCIATES

Ahmedabad

CA Inter

View Details