excise Transfer Exempted To Excise

[Rohit Prajapati]

Dear sir,

2 Item Mfg Goods Biomass Gasifier and Coal Gasifier

1 item Exempted (Biomass Gasifier)

2 Item Excises Goods ( Coal Gasifier)

Biomass Gasifier Complete MFG Goods and Coal Gasifier Not Complete

Can Use the Material for Biomass Gasifier To Coal Gasifier

Sir Possible Internal stock transfer of the Exmeted (W/H To W/H Excise)

Please

AI Summary

Credit Rules Clarified: Use Inputs for Coal Gasifier to Claim Credit; Biomass Gasifier Remains Exempt. Refer to Board Circular. A query was raised regarding the internal stock transfer of materials between two types of gasifiers: Biomass Gasifier, which is exempted from excise, and Coal Gasifier, which is not. It was clarified that credit cannot be availed for inputs used in exempted goods like the Biomass Gasifier. However, if inputs intended for the Biomass Gasifier can be used for the Coal Gasifier, they can be transferred and credit can be claimed. Additional guidance was provided to refer to a specific Board Circular for the job work register format.