Shifting of factory under excise

431 views 3 replies

Ajay Chhajed

Director

25 Points Joined December 2015

ABC a firm which is registered in excise is situated in Mumbai Plot A.

ABC has purchased a factory premises at in the same Area Plot B(No change in Range or division of excise)

Now the firm ABC wants to shift to new plot B

its a) inputs (excisable)

b) inputs (non-excisable)

c) FG

d) Semi-FG

e) capital goods (excisable)

f) capital goods (non-excisable)

g) Other consumables / stores & spares etc.

What are the excise related procedures required to shift materials / goods from plot A to plot B

Preferably without any payment of duty

Replies (3)

Madhukar N Hiregange

Chartered Accountant

39039 Points Joined September 2008

Rule 10 of the Cenvat Credit rules allows for the trasnfer of credit on shifting of factory wihtou payment of any duty. Application needs to be made to the DCCE. The transferred goods have tobe duly recorded in the transferred premises.

ADetailed procedure wouldbe there in any good commentary.

Bhatt Vipul

Accounts Executive

22 Points Joined August 2014

Dear Sir,

This problem also faced by me . so kindly provide Excise process (document )in details regarding raw matetial , capital machinery and consumable items transfer to Unit - 1 to Unit-2 ( Range change but division same)