How to get back the Excise duty and VAT?

[chaganti srinivas]

Pls. provide your valuable advices for this issue, ' we have 5 manufacturing unit within India, we closed one of the unit which was located in MP, remaining units in AP, now issue is ' we despatched 5 consignments from MP ofter closing MP unit customer rejected our material, then can we account for that material in AP unit? pls. send your advices to us.  BENARJEE  GOVADA.

my query is- Excise, VAT & Accounts, What is the proccessor ofter surendering the Excise & VAT registration certificates to the department? Pls. give your replies on this issue.

[Rama Krishana]

In excise, there is no restriction. You can avail the credit of excise duty paid in AP unit provided you have all the necessary proof and documents and the process to be undertaken in the AP unit is amount ot manufacture. If the process is not amount to manufacture, you have to reverse the credit availed at AP unit.

Regarding vat, you have limited options or no option regarding vat credit.

AI Summary

Excise duty credit transferability: credit may be availed at another unit if process amounts to manufacture; VAT credit limited. Excise duty paid at a closed unit may be credited at another unit if that unit performs processes amounting to manufacture and holds necessary documentary proof; if processes do not amount to manufacture the credit must be reversed. VAT credit is largely unavailable in such cross unit, cross state situations, and retainment of evidence is essential when registrations are surrendered.