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Stock transfer - excise duty applicable or not

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 January 2013 dear sir/madam

ex:-excise duty applicable or not for stock transfer from Karnataka to andrapradesh,

and can we avail cenvat credit in the same company ( in karnataka manufacturing company and sea port in andrapradesh for own use ) ?

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Arun Kumar Singh

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Arun Kumar Singh (Expert)
16 January 2013 Excise duty will be applicable on stock transfer also. At another unit is registered with excise they can take the cenvat credit.
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anurag

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anurag (Expert)
17 January 2013 Each unit has separate registration of excise.
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Arun Kumar Singh

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Arun Kumar Singh (Expert)
17 January 2013 Yes, each unit should be separate registration.

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