09 October 2009
Sir, We are shiffing the fctory premises can we tell me that what is proceture we have to follow as per excise rule how can trasnfer the our capital goods which method we have to follow can u tell me wheather we have to pay exicse duty on trasnfer to capital goods. what about excise duty on finished products.
10 October 2009
Take registration at the new premises. Transfer all the materials (input and capital goods) to the new premises and pay duty of such transfer as inputs/capital goods removed as such. Even intermediate products can be transferred as such. Once everything has been transferred, surrender the registration of old premises.
CAclubindia
