stock transfer process

[aashish kumar]

Dear Experts,

We are two manufacturing unit in Haridwar. Unit one is non excise able and unit two is registered manufacturer in central excise. so that We want to transfer some raw material and finish goods unit-i plant to unit-ii plant. What will be the excise formality in this case. like as challenge and stock register and cenvat etc.

Thank and Regards

Aashish Kumar

AI Summary

Cenvat credit: raw materials transferred from a non excise unit must be invoiced to allow recipient to avail credit.
Raw materials in a non excise manufacturing unit do not generate cenvat at that unit; such inputs may be transferred to an excise registered unit under the transferring unit's invoice that indicates value and duty paid per the supplier's invoice so the registered recipient can avail cenvat credit. Non excisable finished goods can be moved under a commercial invoice without excise liability; transfers should be supported by appropriate invoices and stock records to meet excise and cenvat documentation requirements.