Dear All,
if one compnay having two manufacturing unit which is registered in excise with different registration no., is any way to cenvat credit of one unit can utilise to other unit. if yes please explain.
Lalit Sangani (M.Com. Asst. Manager Account) (736 Points)
06 January 2014Dear All,
if one compnay having two manufacturing unit which is registered in excise with different registration no., is any way to cenvat credit of one unit can utilise to other unit. if yes please explain.
karan jit singh
(Consultant)
(1299 Points)
Replied 06 January 2014
Till Now , there is no such provision for providing the same which you hav said lalit.
But stil 2% not sure about it , let me review the rules. (Do refer Cenvat Credit Rules).
CA. Kuldeep Singhi
(Entrepreneur)
(424 Points)
Replied 06 January 2014
vishal sharma
(Manager (Indirect Taxation))
(68 Points)
Replied 07 January 2014
Lalit Sangani
(M.Com. Asst. Manager Account)
(736 Points)
Replied 08 January 2014
Dear Vishal / Kuldeep,
Can you please provide me notification for SAD or CVD utilisation between two unit.
vishal sharma
(Manager (Indirect Taxation))
(68 Points)
Replied 08 January 2014
pls go through rule 10a of cenvat credit rule 2004
Lalit Sangani
(M.Com. Asst. Manager Account)
(736 Points)
Replied 09 January 2014
Dear Vishal,
Can we utilise CVD 12% also for other unit.
Regards
Lalit Sangani
vishal sharma
(Manager (Indirect Taxation))
(68 Points)
Replied 09 January 2014
Lalit Sangani
(M.Com. Asst. Manager Account)
(736 Points)
Replied 05 March 2014
As we can transfer SAD 4% only in quarter end, Can we utilise this amount for quarter end i.e. amount transfer in 31st march 14 and utilise amount for march 14.