Sale purchase of factory with assets capital goods

Dear Members

change of ownership due to sale of factory with assets and / capital goods, in such case do we need to pay excise duty ?

Regard

kaustubh

Replies (3)

If the ownership has been changed then you need to take new registration of central excise and all the assets and liability will be transfer in the name of new unit. The SSI exemption will be available to new unit upto 1.5cr turnover. 

Dear Arun

thanks for the reply, i would like to know whether Excise department will be asking for calculation of cenvat duty on the sale of assets, capital goods. As we have purchased the factory with all the assets and nothing is moved out of the premises.

Regards

kaustubh

It may or may not be asked. 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 07 July 2026
Articleship

Jawahar and Associates Chartered Accountants

Hyderabad

CA Inter

View Details
Company
11 July 2026
CA semi qualified

Vakilsearch.com

Chennai

CA Inter

View Details
Company
16 July 2026
CA Inter, CA Intermediate, CA IPCC, CA CPT , CA SemiQualifie

Vakilsearch.com

Chennai

CA Inter

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

Sahil Agarwal & Company

Mumbai

CA Inter

View Details
Company
23 July 2026
CA Inter

Vikram Jadhav and Company

Pune

CA Inter

View Details
Company
29 July 2026
ACCOUNTANT

ONESTEP GST SOLUTION

New Delhi

B.Com

View Details
Company
23 July 2026
Senior Accountant

Felicity Adobe LLP

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
2 posts Article assistant and Articleship completed students

Chirag N Shah & Associates

Mumbai

CA Inter

View Details