25 January 2014
my company is cover under 50/2003 C.E.notification .There is another unit which is not coverd in such notification i.e.excisable unit (unit-II) .Both unit have same VAT/CST No.I want to Tr.Raw matarial as such from Unit-II to Unit-1 which documents is required for Such Tr.either invoice or challan is sufficient for such As such Tr.?
26 January 2014
Invoice is also required for taking cenvat credit. Only on the basis of challan registered unit can not take the cenvat credit on the basis of challan.
CAclubindia
