EASYOFFICE
EASYOFFICE
EASYOFFICE

Transfer the capital goods materiel to our other unit

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
24 August 2015 Dear Sir / Madam ,
i have one question for all ?

We had purchase bearing qty-11 No's under Tariff Code-84823000 & we had 50 % Cenvat credit availed & utilized on 31/07/2015 of Rs- 1655/- & balance 50% to be availed & utilized of Rs-1655/-on next FY 15-16 . Now our company decide that out of 11 no's of bearing 4 no's of bearing transfer to our other unit and think is that both the unit excise registration come's under same range .
Now we are doing the reverse the excise duty Proportioned basis & raise the Excise invoice for transfer the materiel

Please suggest what should we do in this regards .

Thanks in advance
B/R
Digjoy



25 August 2015 Yes, reversed the cenvat credit on the proporsanate basis and transfer the capital goods along with cenvat credit.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries