Home Forum Central Excise Month 7 2011 2011 (7) This
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Transfer of Cenvat Credit on Cloing of One manufacturing Unit - Central ExciseExtract I have a query relating to transfer of cenvat credit lying unutilised in one of our manufacturing unit which has been closed for more than a year. I want to transfer the unutilised credit to one of our other manufacturing unit. Please guide us if you have any opinion in this regard. 1. Further would it matter if the Cenvat Credit pertains to both of Capital Goods and Inputs. 2. As we have transferred all the closing stock to our other unit but respective capital goods have not yet been transferred. Can we transfer the corresponding Credit without transferring the capital goods to our other unit? 3. Do the Excise Department has any role in transferring the cenvat credit? Please advise us in this matter. regards Sandeep Aggarwal Email: sandeep106@gmail.com (M) 9958385278
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