We have different unit register under Central Excise , If we require to close on of the unit while surrendering registration to that jurisdiction.
Before surrendering Registration we cleared all finished goods to our customer .
In regards Raw Material in stock on that particular date we transfer excisable goods after charging excise duty to our other unit and also reverse Capital Goods Credit by way of transfer to our other unit after charging cenvat credit availed.
Now our confusion is that non excisable goods stock lying on that closing day can we transfer the same materials while preparing trading invoice to our other unit .
Guidance on Transferring Non-Excisable Goods During Unit Closure: Follow Rule 10 of CCR, 2004 for Compliance A discussion on closing a unit registered under Central Excise involves a query about transferring non-excisable goods during the closure. The original party cleared finished goods to customers and transferred excisable goods and capital goods to another unit, charging excise duty and reversing Cenvat credit. The confusion arose regarding transferring non-excisable goods. The response advised that the procedure followed was not advisable. Instead, it was recommended to transfer all stock, including raw materials, capital goods, and finished goods, without payment of duty, along with unutilized Cenvat credit, to another unit under Rule 10 of CCR, 2004. (AI Summary)
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