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new unit under same management

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..... new unit under same management
Query (Issue) Started By: - a prasad Dated:- 27-1-2012 Last Reply Date:- 31-1-2012 Central Excise
Got 3 Replies
Central Excise
We are manufacturing plastic injection moulded goods. If we starts a new manufacturing unit (with the funds of excisting unit) just 1KM around the unit how should we move articles to the new unit for manufacturing. The unit is un .....

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..... der the same management, no seperate bank account, no seperate employees account and sales tax registered as branch. What forms required and credit should reverse. Reply By r.rajkumar kumar: The Reply: EVEN SAME UNIT BUT THIS IS 1 K.M. AWAY FROM THE MANUFACTURING UNIT. HENCE WHILE THE GOODS SENT TO THAT UNIT REQURES DC AND INFORM TO EXCISE OFFICIALS. .OR DEBIT THE CENVAT CREDIT TAKEN FOR THE GO .....

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..... ODS AND SENT.FOR SALE TAX FOR JJ MUST ENCLOSED FOR OTHER THAN SALE. TRANSFER TO BRANCH OFFICE. PROVIDED THE UNIT MUST BE REGISTRED. TKS Reply By a prasad: The Reply: THANK YOU FOR YOUR INFORMATION. WHAT DC IS REQUIRED WHETHER COMPANY DC OR JOB WORK DC UNDER THE RULE OF C.E. WE ARE NOT BILLING DIRECT LY FROM THE NEW UNIT. AFTER MANUFACTURING THE GOODS WILL BE RETURNED TO THE PARENT FACTORY AND F .....

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..... ROM THERE ONLY GOODS WILL SALE. SO DEBIT THE CENVAT CREDIT IS REQUIRED Reply By r.rajkumar kumar: The Reply: if it is job work ude dc as per excise. and you have to use jj for for local tax. The job worker again send back with the dc and charge service tax for their value additions. To avoid all this complication reise bill and debit the cenvat credit and charge sale tax and sent to your job w .....

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..... orker this become input credit to job worker and your job worker raises bill charge ce and local tax while sending meterial to you it become input to you. we can abvoid all this mathching delicer chalan and issue jj form etc. but befor doing this take permision from your division cental excise superintendent/.
Discussion Forum - Knowledge Sharing .....

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