Cenvait Availment facility

[Sharad Sonawane]

Dear Sir,

 

  We have Trading Unit in Mumbai i have taking all the benefit of Cenvat credit

now i want Shift my Trading unit in Other State in MP (Indore) can transfer my cenvat credit other place or can i take Cenvat benefit in new location and New location i have taken new excise & service tax registeration

AI Summary

Cenvat credit transfer prohibited; dealers must zero old balances and claim credit at newly registered premises via invoices.
Dealers generally do not avail Cenvat credit but pass it on, and the Cenvat regulatory framework does not permit transfer of accumulated credit balances between dealer registrations. The practical approach is to reconcile and clear the old Cenvat account, obtain a separate dealer registration at the new premises, and claim credit at the new location only on proper invoices; the treatment of input credit on stock transfers remains an open operational query.