Query on excise duty

852 views 1 replies

One old plant wants to transfer some fixed assets to another plant , both belong to the same company.As old excise related documents are not treaceable, but excise invoice is required to be raised for movement of assets. Is there any other way to avoid payment of duty but to take appropriate legal coverage wrt excise requirement?

Please guide.

 

J Banerjee

19.09.2010

Replies (1)
if cenvat credit on capital goods is availed, then only u need excise records, otherwise use private challans for movement.

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