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Availment of Cenvat credit after transfer, Service Tax |
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Availment of Cenvat credit after transfer |
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THIS IS WITH REFERENCE TO THE SUBMISSION OF SHRI ANIL BAHI. THE UNITS HAVING SERVICE TAX REGISTRATIONS ARE MERGED AS FOUR CENTRALISED UNITS THEY CAN TRANSFER THE CREDIT AND CAN AVAIL THE CENVAT CREDIT. Posts / Replies Showing Replies 1 to 2 of 2 Records Page: 1
Yes, I agree with Mr. Govindrajan's view that new unit after merger can utilize the closing balance of cenvat credit of the merging units after transferring the same as per rule 10 of Cenvat Credit Rules, 2004.
Whether the Company is required to file pending forms before proceeding for Exit Scheme
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