I want to shifitin my factory one location to another location ie mumbai to Pune I have already intimated AS. Com Of Cen Excise for Shifting our plant .
Please let us know . how to Reverse /pay Cenvat credit used in AVailable Rm Stock and Captiatl goods
Waht is the procidure and when to Surrender the Licence and what is the procidure.
Thanks and regards
K.D.Pai
Guidance on Factory Relocation: Rule 10 of Cenvat Credit Rules 2004 and Managing Central Excise License. A user inquired about the procedure for shifting a factory from Mumbai to Pune, specifically regarding reversing or paying Cenvat credit on available raw material stock and capital goods, and the process for surrendering a Central Excise license. One response advised following Rule 10 of the Cenvat Credit Rules 2004, suggesting an amendment in registration rather than surrender. Another response offered two options: follow Rule 10, which may be time-consuming, or apply for new registration in Pune, clear inputs from Mumbai, and manage finished goods accordingly. It also emphasized ensuring no pending government dues before surrendering the license. (AI Summary)