Trading of inputs

[CABALRAM PANDEY]

Dear All,

 

I request you all for your kind opinion on the following issue.

 

A Manufacturer of plastic chair purchased granuals(Master) as input for its manufacturing activity. Due to some reasons now he is not able to use those granuals (Master). Now the manufacturer wants to sell those granuals (Master). He has a RC for item Fbric, CETSH No. 39201012. Kindly put your kind attention on the matter with following questions?

1. Whether further registration required for new CETSH no. for granuals.

2. What should be done for removal of inputs as such, on which CENVAT Credit taken but not utilized.

3. IF any special procedure required for this.

 

Thanks & Regards

Balram Pandey

[email protected]

AI Summary

Plastic Chair Manufacturer Seeks Guidance on Selling Granules; No New Registration Needed, Reverse CENVAT Credit Proportionately A manufacturer of plastic chairs is unable to use purchased granules and seeks advice on selling them. The main queries include whether further registration is needed for a new CETSH number for granules, how to handle the removal of inputs with unused CENVAT credit, and if any special procedures are required. Responses suggest that no additional registration is necessary for a one-time sale, and the CENVAT credit should be reversed proportionately. It is advised to clearly mention the removal as such on invoices, ensuring compliance with existing regulations.