TMI Blogtranfer of raw material of one unit of anotherX X X X Extracts X X X X X X X X Extracts X X X X ..... Respected Sir, As regarding above subject my query is that one of my clients(excisable unit) want to transfer raw material to another unit with the derivement of the same pan ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... then the question arises that we have to charge duty according to the new amendment of the CBEC or we can clear raw material without payment of duty.Please reply as soon as possible. - Reply By P ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... AWAN KUMAR - The Reply = Duty is to be paid equivalent to cenvat credit taken on raw material being transferred to another unit as per rule 3(5) of Cenvat Credit Rule, 2004 - Reply By Pradeep Kh ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... atri - The Reply = Removal of R/M as such will attract Reversal of CENVAT credit proportionately under rule 3(5) of the Cenvat Credit Rule, 2004 amended from time to time. - Reply By CA.Ankit Gu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lgulia - The Reply = Reversal of proportionate cenvat credit under rule 3(5) of Cenvat Credit Rule, 2004 and on strength of invoice under rule 9. - tranfer of raw material of one unit of anot ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... her - Query Started By: - MEHUL ASHAR Dated:- 31-7-2013 Central Excise - Got 3 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Managem ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ent India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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