How to get back the Excise duty and VAT?, Central Excise

[chaganti srinivas]

Pls. provide your valuable advices for this issue, " we have 5 manufacturing unit within India, we closed one of the unit which was located in MP, remaining units in AP, now issue is " we despatched 5 consignments from MP ofter closing MP unit customer rejected our material, then can we account for that material in AP unit? pls. send your advices to us.  BENARJEE  GOVADA.

my query is- Excise, VAT & Accounts, What is the proccessor ofter surendering the Excise & VAT registration certificates to the department? Pls. give your replies on this issue.

Posts / Replies

[Rama Krishana]

In excise, there is no restriction. You can avail the credit of excise duty paid in AP unit provided you have all the necessary proof and documents and the process to be undertaken in the AP unit is amount ot manufacture. If the process is not amount to manufacture, you have to reverse the credit availed at AP unit.

Regarding vat, you have limited options or no option regarding vat credit.