Shifting of factory
This query is : Resolved
02 October 2013
I NEED A ADVICE ON CENTRAL EXCISE RULE.
I HAVE ONE SMALL MANUFACTURING UNIT IN KOLKATA HAVING TURNOVER OF 5 CROES AND EXICE REGISTERED . I HAVE SET UP A NEW BIGGER FACTORY 40 KM FAR FROM EXISTING UNIT.
I HAVE ALREADY TAKEN REGISTRATION OF NEW FACTORY. FEW MACHINE HAVE ALSO BEEN PURCHASED AT THE NEW FACTORY.
I WANT TO SHIFT MACHINE, RAW MATERIAL, GOODS IN PROCESS AND FINISHED GOODS FROM THE OLD FACTORY TO THE NEW UNIT.
SHOULD I HAVE TO PAY EXCISE DUTY ON ALL THE ITEMS TO BE SHIFTED FROM OLD UNIT.OR ALL THE ITEMS CAN BE SENT TO NEW UNIT WITHOUT PAYING ANY EXICE DUTY(REMOVED AS SUCH)
PLEASE CLARIFY THE PROCEDURE. DO I HAVE TAKE PERMISSION FROM AC OF OLD UNIT OR SIMPLE LETTER OF INFORMATION WILL DO.
M.L.AGARWAL
91 9330454545
I HAVE ONE SMALL MANUFACTURING UNIT IN KOLKATA HAVING TURNOVER OF 5 CROES AND EXICE REGISTERED . I HAVE SET UP A NEW BIGGER FACTORY 40 KM FAR FROM EXISTING UNIT.
I HAVE ALREADY TAKEN REGISTRATION OF NEW FACTORY. FEW MACHINE HAVE ALSO BEEN PURCHASED AT THE NEW FACTORY.
I WANT TO SHIFT MACHINE, RAW MATERIAL, GOODS IN PROCESS AND FINISHED GOODS FROM THE OLD FACTORY TO THE NEW UNIT.
SHOULD I HAVE TO PAY EXCISE DUTY ON ALL THE ITEMS TO BE SHIFTED FROM OLD UNIT.OR ALL THE ITEMS CAN BE SENT TO NEW UNIT WITHOUT PAYING ANY EXICE DUTY(REMOVED AS SUCH)
PLEASE CLARIFY THE PROCEDURE. DO I HAVE TAKE PERMISSION FROM AC OF OLD UNIT OR SIMPLE LETTER OF INFORMATION WILL DO.
M.L.AGARWAL
91 9330454545
04 October 2013
it will be best if you must ADD this Address in your IEC CODE.
05 October 2013
NOT CLEAR. SEE MY QUERY AGAIN
10 October 2013
SSI exemption available to all unit upto 1.5cr. Your turnover is below 1.5cr then no need to pay excise duty. You can shift the all input and capital goods on transfer challan.
11 October 2013
OUR TURNOVER IS MORE THAN 5 CRORES. WE ARE EXICE REGISTERED. REGISTRATION FOR NEW UNIT HAS BEEN TAKEN . DO I HAVE TAKE PERMISSION FOR AC OF EXICE OFFICE OF UNIT 1.
11 October 2013
No need to take permission from AC/DC. You can transfer the goods on challan and surrender the excise registration for old premises.
11 October 2013
THIS IS NOT JOB WORK .THE WHOLE OLD UNIT IS TO BE SHIFTED WITH ALL RM, WORK IN PROCESS, FG AND SUNDRY STORES MATERIAL
OLD UNIT REGISTRATION WILL BE SURRNDERED AFTER WARDS
OLD UNIT REGISTRATION WILL BE SURRNDERED AFTER WARDS
11 October 2013
PLEASE SEE MY MODIFIED QUERRY AFRESH.
THANKS
THANKS
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Applicability
- Is Aadhar PAN linking required for opening bank account?
- Where to show the RCM on Rent paid to unregistered landlord
- RCM - commercial rent paid to URP under GST
- Legal heir raised refund , but refund issued to the closed account of deceased.
- TDS NUMBER SURRENDER
- Gst Sales of FY 2023-24
- GSTR-3B - Do I file nil when there is no sale but I've bought raw materials
- Offsetting interest income against derivative trading losses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
