GST / EXCISE

[SUNIL NAMA]

DEAR SIR ,

WE ARE ON THE VERGE OF STARTING A NEW UNIT IN MARCH 2017 - NOW SINCE GST IS AROUND THE CORNER , PLEASE ADVICE

1 } SHOULD WE TAKE NEW CENTRAL EXCISE REGISTRATION FOR NEW UNIT OR WAIT TILL GST COMES IN TOO TAKE CENVAT CREDIT OF NEW MACHINES COMING IN MARCH ?

2) OR SHOULD WE TAKE NEW EXCISE REGISTRATION AND TAKE CREDIT AND WAIT FOR GST TO TRANSFER THE CREDIT IN IGST .

3) WILL IGST AND CGST BE USABLE ACROSS VARIOUS UNITS SINCE WE HAVE ONLY ONE GST NUMBER PER STATE ?

PLS ADVICE

THANKS

SUNIL

AI Summary

Central excise registration: obtain new registration now and proceed with existing compliances despite pending GST.
Obtain a new Central Excise Registration now and carry out existing regime compliances; do not withhold actions to secure Cenvat credit pending GST. The contributors emphasize that GST implementation timing and the mechanisms for credit conversion or the future usability of IGST/CGST across units remain uncertain and cannot presently be determined.