Transfer of duty free Machinery one unit to another unit in same organization.

[Anshuman Singh]

Hi,

Can we take prmission form excise deptt. for transfer of duty free machinery one unit to another unit in same organigation.

Whether it not required than can we transfer the same on challan??? please suggest urgently.

If it is required please giude us about excise rule no.

Thanks,

Anshuman Singh

AI Summary

Transferring Duty-Free Machinery Between Units: Permissions, CENVAT Credit, and Compliance with Import Schemes Discussed A discussion on transferring duty-free machinery within the same organization but between different units raised questions about the need for permissions from the excise department. One participant suggested that no permission is needed if no duty credit was availed. Another pointed out that separate unit registrations might require examination of legal entity status. It was also noted that machinery transfer might necessitate payment equivalent to CENVAT Credit, considering depreciation and transactional value. If imported under specific schemes, compliance with scheme conditions and notifications is essential, potentially requiring notification to authorities or amendments to authorizations.