06 September 2013
A paper manufacturing company(x) was running in up and another company(y) purchased all the assets of this(x) company. The land has been transferred in the name of company(y) thru UPSIDC. But company(x) not surrender his registration certificate to Central Excise Department. Still company(x) is continuing filing his Nil Return (er-1) to the department. When company (y) applied to get the central excise registration , the department is rejected his application giving the remarks that on the same address two registration will not to be issued. Please advise me what should take the step by the company(y) to getting the central excise registration.
17 September 2013
Department is right. You should surrender the excise registration in the name of X then you will apply for another excise registration in the name of Y.