We are manufacturing plastic injection moulded goods. If we starts a new manufacturing unit (with the funds of excisting unit) just 1KM around the unit how should we move articles to the new unit for manufacturing. The unit is under the same management, no seperate bank account, no seperate employees account and sales tax registered as branch. What forms required and credit should reverse.
new unit under same management
a prasad
Guidance on Transferring Goods Between Units: Use Delivery Challans, Inform Excise Officials, Manage CENVAT Credit Reversal. A discussion on a forum addresses the logistics of transferring goods between two manufacturing units under the same management, located 1 km apart, for plastic injection molded goods. The original query seeks guidance on necessary documentation and tax implications. The responses advise using delivery challans (DC) and informing excise officials, while discussing the reversal of CENVAT credit. It is suggested to use job work DC for excise purposes, and JJ forms for local tax. The conversation emphasizes the importance of obtaining permission from the central excise superintendent to streamline the process and avoid complications. (AI Summary)