Procedure for removal of goods

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BIKASH AGARWAL

ASSISTANT CS

89 Points Joined January 2011

CAN ANY ONE TELL ME ABOUT THE PROCEDURE FOR TRANSFERRING RAW MATERIAL FROM ONE UNIT TO ANOTHER UNIT OF SAME COMPANY WITHIN SAME STATE INCASE OF EXCISE.

PLEASE ALSO SEND ME IF THERE IS ANY PROFORMA INVOICE.

EXAMPLE : OUR COMPANY IS TRANSFERRING 20 KG @ 200 PLASTIC GRANULES FROM HOWRAH UNIT (WEST BENGAL) TO ULUBERIA UNIT (WEST BENGAL). IS THERE ANY INVOICE FORMAT FOR THE ABOVE TRANSFER?

IS IT TREATED AS SALE IN THE UNIT WHICH TRANSFERED THE RAW MATERIAL.

WE ARE TRANSFERRING THE RAW MATERIAL AS SUCH WITHOUT CHARGING ANY PROFIT.

WAITING FOR THE REPLY

Replies (5)

U S Sharma

glidor@gmail.com

21068 Points Joined January 2010

you can use the invoice for home consumption for removal of goods as such, input credit availed should be reversed and paid on the invoice so issued.

such clearances would not be part of "progressive total of clearances"

BIKASH AGARWAL

ASSISTANT CS

89 Points Joined January 2011

THANK YOU SIR.

BUT THERE IS CONFUSION THAT THE TRANSFER SHOULD BE MADE IN TAX INVOICE OR IN ANY OTHER FORMAT. I MEAN THAT INVOICE ISSUED SHOULD BE TAX INVOICE OR ANY OTHER FORMAT IS THERE.

R P Ananthakumar

Sr. Officer - Central Excise/Cash

514 Points Joined August 2010

No separate format. U can use that same tax invoice format (under central excise rule 11a) for clearance. Please mark a " CLEARED AS SUCH" in your invoice instead of "Regular Sales or Domestic Sales or etc".

Further you should reverse the duty at the time of cleareans, which is equal to Cenvat taken at time of inward for the material.

thanking you.....

BIKASH AGARWAL

ASSISTANT CS

89 Points Joined January 2011

THANKS SIR

U S Sharma

glidor@gmail.com

21068 Points Joined January 2010

Originally posted by : BIKASH AGARWAL
	THANK YOU SIR. BUT THERE IS CONFUSION THAT THE TRANSFER SHOULD BE MADE IN TAX INVOICE OR IN ANY OTHER FORMAT. I MEAN THAT INVOICE ISSUED SHOULD BE TAX INVOICE OR ANY OTHER FORMAT IS THERE.