EXCISE DUTY ON INTER-UNIT TRANSFER

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..... A Company has two units in different citites in Haryana. Both units has separate registeration no. of excise and vat. However, Pan No. is one i.e. books are consolidated for purpose of profit and loss and balance sheet. Both units are manufacturing units. One unit also makes goods .....

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..... for another unit on raw material provided by such another unit and of material purchased by itself. When these goods either manufactured out of raw material supplied by another unit or purchased by itself is transferred to another unit, same is invoiced as Transfer of Goods to Branch . .....

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..... Since it is invoiced as such, the receipient does not book in its tally. Query is 1 Whether the unit can levy excise duty on manufacture of such goods supplied to another unit. 2 Another unit is using such goods in further manufacture of finis .....

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..... hed products which is subject to excise duty. Can it avail cenvat of excise duty. 3 How another unit can avail cenvat as same is not being booked in its tally as same is inter-unit transfer. - Reply By PAWAN KUMAR - The Reply = Dear Sir, As per my view, the reply is as under : 1.Yes, One unit can levy excise duty on goods ma .....

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..... nufactured and being supplied to another unit. 2.Yes, cenvat can be taken of excise duty paid by one unit. 3.Unit can avail cenvat as Inputs on goods puchased from one unit and use such goods into manufacturing. - Reply By Pradeep Khatri - The Reply = Dear S.C.Wadhwa, Please check Central Excise Rules, 8, 9, 10, 11 read with CAS-4 to understand this concept in better way. Regards, YAGAY a .....

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..... nd SUN (Management, Business and Indirect Tax Consultants) - EXCISE DUTY ON INTER-UNIT TRANSFER - Query Started By: - S.C. WADHWA Dated:- 8-11-2014 Central Excise - Got 2 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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