Excise in E-1 Transaction

[Sarjeet Rajani]

Respected All,

Point 1 :- If am in Gujarat and I made the purchase from Rajasthan and consignee at UP. I made the E-1Transction.

Pls. advise for Excise duty, whether I should take the Credit or consignee direct take the credit.

Point 2:- if am in Gujarat and I made the purchase from Rajasthan and material come to my plant at Silvassa and then we transfer the material to UP, I am manufacturer.

Pls. advise for Excise duty, whether should I tack the input credit and charge the output Excise OR I simply pass the same Excise duty to UP.

Thank you

AI Summary

Discussion on Excise Duty Credit in E-1 Transactions: Input Credit Handling and Conditions for Reversal A participant from Gujarat initiated a discussion regarding excise duty in E-1 transactions involving purchases from Rajasthan with a consignee in Uttar Pradesh. They sought advice on whether to take credit themselves or allow the consignee to take it. In a scenario where the material is transferred to their plant in Silvassa before being sent to Uttar Pradesh, they inquired about handling input credit and output excise duty. A respondent clarified that the consignee can take credit if the invoice is properly made, and detailed the conditions under which credit can be taken or reversed according to relevant rules.