Menu
Excise
We have a Sugar & distillery unit,annual accounts for the company as a whole are approved by the shareholders at the AGM.However,the two units have separate registration under the Central Excise,although the units are physically separated by a boundary wall.Please list the possible advantages/disadvantages in having a Centralised/common Central Excise Registration. R.Dayal
Replies (1)
Dear Rajeshwar
It is better to have centralized registartion since it redcues paper work, compliances and easy movement of goods between the units. Also, after amendment in Rule 6(3) it is better to go in centralized.
Nilesh
Recent Topic
- GST on Post-OC Installments – Payment Milest
- Sec-54F exemption and Carry forward losses
- FEMA treatment — USD gift from LRS-funded fo
- RSU and Schedule FA related
- ELIGIBILITY FOR COMPOSITION SCHEME
- Doubt regarding the purpose of Section 52(3) of Co
- 112 A Filling
- Long Term Capital Loss in ITR2
- LOAN INTEREST BENEFIT ON NEW TAX REGIME
- Retirement funds under new tax regime
Related Topics
CAclubindia
