SAD TRF to OTHER DEPT

[SHARMA NARAYAN]

Dear sir,

can we TRF the SAD credit to other plant in diff state

[Rajagopalan Ranganathan]

Sir,

You can transfer the credit along with inputs only. You cannot transfer the credit alone to your plant in different state.

[KASTURI SETHI]

I support the views of Sh.Ranganathan, Sir.

[YAGAY and SUN]

Yes you can do it under Rule Rule 10A of Cenvat credit rules for additional duty paid under section 3(5) of custom tariff act.

[KASTURI SETHI]

M/s.YAGAY AND SUN,

Dear Sirs,

Really thrilled to see you back in the pavilion (Home coming) i.e in this forum. Your home-coming will raise the standard of replies and, in turn, will enhance the popularity of TMI. Thanks a lot. I was missing you badly.All the experts will relish your knowledge as knowledge has no limitation. It is ocean.

[Ganeshan Kalyani]

Rule 10A - Transfer of CENVAT credit of additional duty leviable under sub-section (5) of section 3 of the Customs Tariff Act - Cenvat Credit Rules, 2004

[Ulhas Shewade]

dear Sir:

can you make available a FORM 10A for transfer of SAD ?

[KASTURI SETHI]

Sh.Sharma Ji,

Sh.Ganeshan Kalyani Sir is talking about Rule 10 A and NOT FORM 10 A.

AI Summary

SAD credit transfer permitted only with inputs, governed by Rule 10A; credit alone cannot be shifted.
SAD Cenvat credit may be transferred to another plant only when transferred along with the inputs to which the credit pertains; the credit cannot be transferred alone. The transfer of additional duty paid under the Customs Tariff is governed by the Cenvat Credit Rules under the rule permitting transfer of such additional duty. There is practical confusion between the rule authorising transfer and any separate document called Form 10A, but the operative requirement is compliance with the transfer rule.