merging of two business entity

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..... What is criteria for merging two business entity in excise. Under which rule this can be referred. - Reply By Rama Krishana - The Reply = In excise two issues are to be addressed before merging of two .....

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..... units (1) Duty of finished goods lying in stock at the time of merger (2) Treatment of unutilized cenvat credit. To the extent first question is there, if the goods remains withing the factory of pro .....

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..... duction, excise duty is not payable since even after merger, the owner would remain same. But, regarding cenvat credit, you need to follow rule 10 of the CCR, 2004. - merging of two business entity - .....

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..... Query Started By: - Ramesh Patel Dated:- 12-6-2010 Central Excise - Got 1 Reply - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management Ind .....

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..... ia - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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