Cenvat credit to group companies

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 November 2013 Hi,

Whether a company can transfer the CENVAT credit to the group companies.

where the said company has excess credit

29 November 2013 Different companies of the same group are different entities under the Finance Act.

There is a system of transfer of credit from different branches of the same company vide the concept of input service distributor but not for different companies say A ltd and B ltd belonging to a group cannot transfer credits between them

29 November 2013 Different companies of the same group are different entities under the Finance Act.

There is a system of transfer of credit from different branches of the same company vide the concept of input service distributor but not for different companies, say A ltd and B ltd belonging to a group, cannot transfer credits between them




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