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Inter unit Transfer

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..... Inter unit Transfer
Query (Issue) Started By: - RAM SHARMA Dated:- 16-1-2014 Last Reply Date:- 21-1-2014 Central Excise
Got 3 Replies
Central Excise
Dear Experts, We are registered manuf .....

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..... acturer in central excise. We want to send our child part to our 11nd unit from 1st unit for further production. Our 11nd unit manufactured semi finished product and again send to 1st unit for manufac .....

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..... tured final product. how can we do that all these procedure in excise point of view and what will be the legal obligation. Thanks Reply By PAWAN KUMAR: The Reply: As per my view, the job work proce .....

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..... dure under Notification 214/86-CE Dated 25.03.1986 can be followed. Reply By RAM SHARMA: The Reply: What will be the procedure of cenvat credit taken. The accumulation of cenvat credit will be highe .....

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..... r in 11nd unit. Reply By Mritunjay Kumar: The Reply: Dear Mr. Ram, The unit I will take credit of the semi-finished goods transferred from unit II. The Unit II will pay the excise duty at the value .....

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..... determined under Rule 8 of Central excise Valuation Rules. Regards, Mritunjay Kumar.
Discussion Forum - Knowledge Sharing .....

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