Dear Sir,
I am having two units having different excise number but under same range producing similar products.
I want to transfer one old machine running in unit 1 to unit 2. Can i transfer the same using an annexure or do i have to make an invoice. Please guide.
Further i have also purchased one machine in unit 1 but the same also to be installed in unit 2 now. The invoice already received and accounted in unit 1?? How can i install this machine in Unit 2 without making an invoice??
Transferring Machinery Between Units: Invoice and CENVAT Credit Rules Explained for Compliance Under Excise Regulations. A user inquired about transferring machinery between two units with different excise numbers but under the same range. The main concern was whether an invoice or annexure was needed for transferring machinery and how to handle a machine purchased for one unit but intended for installation in another. Responses indicated that if CENVAT credit was taken on the machinery, an invoice and credit reversal were necessary. If no credit was taken, an invoice might not be required, but the receiving unit could not claim credit without proper documentation. Both units are treated as independent for excise purposes, necessitating adherence to specific rules. (AI Summary)
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