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Transfer of Cenvat Cr.

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..... Transfer of Cenvat Cr.
Query (Issue) Started By: - Ram Niwas Dated:- 21-8-2012 Last Reply Date:- 23-8-2012 Central Excise
Got 3 Replies
Central Excise
Dear All My question is that, we ar .....

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..... e the manufacturer of bearing parts and we have two unit A & B, We purchase raw material in unit B and unit B send the material in unit A for Job working and unit a worked on raw material and send ba .....

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..... ck to unit B. Unit B working on the material and sale the goods in domestic and export market. There is no billing from Unit A for sale all sale bill raised by unit B. Now we required a machine in un .....

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..... it A and we import this and pay CVD. We take credit in our books in unit A. is there any process to transfer the cenvat Cr. to unit B. AS I explain there is no billing from Unit A. Pleas advise Rega .....

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..... rds Ramniwas Reply By Pradeep Khatri: The Reply: Get the registration under LTU and you can transfer the CENVAT credit between the units registered as LTU. Reply By Ram Niwas: The Reply: Sir any .....

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..... other provision Reply By Pradeep Khatri: The Reply: No Sir, there is no such provision but you may transfer SAD amount to your unit on quaterly basis. This provision was introduced in this Budget, 2 .....

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..... 012.
Discussion Forum - Knowledge Sharing .....

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