We Are Manufacturer.our company is two branches 1)Mumbai and 2)Banglore we have transfer All Raw Material Banglore to mumbai because we have close Banglore unit
12 August 2013
If a manufacturer of the final products shifts his factory to another site or the factory is transferred on account of change in ownership or on account of sale, merger, amalgamation, lease or transfer of the factory to a joint venture with the specific provision for transfer of liabilities of such factory, then, the manufacturer shall be allowed to transfer the CENVAT credit lying unutilized in his accounts to such transferred, sold, merged, leased or amalgamated factory under rule 10 of cenvat credit rules 2004.
But we have not close our company only Banglore Unit close and Move all Ram Material In Mumbai Branch and Start Manufacturing in Mumbai. Pls advice any permission taken Excise Officer Department for this matter
and We have Declare Banglore unit is Depo. what is process?
CAclubindia
