31 October 2014
A unit of a Pvt. Ltd. Co. made job work for another unit of same company. After job work, materials transferred vide invoice bearing "transfer of goods to branch office". Excise duty was levied on job work.
Query is :
Please mention how will the transferree book in its account i.e. how transferre can avail cenvat of excise duty since it is inter-transfer of goods i.e. it is neither sale nor job work