https://www.taxtmi.com/forum/issue?id=107873 Advises that the seller should first take full CENVAT credit on the capital goods, then transfer the goods to the new company on invoice after debiting duty in its CENVAT account so the receiving company can claim credit under rule 4(2)(a) of the Cenvat Credit Rules, 2004; if partial credit was earlier availed, remaining credit must be taken and excise reflected on invoice. Freight is excluded from transaction value under Rule 5 but may be recovered from the consignee; excess freight charged over actual may affect assessable value as discussed in cited precedents. en-us Mon, 19 Jan 2015 14:14:10 +0530 Thu, 23 Jan 2025 15:57:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=107873 Advises that the seller should first take full CENVAT credit on the capital goods, then transfer the goods to the new company on invoice after debiting duty in its CENVAT account so the receiving company can claim credit under rule 4(2)(a) of the Cenvat Credit Rules, 2004; if partial credit was earlier availed, remaining credit must be taken and excise reflected on invoice. Freight is excluded from transaction value under Rule 5 but may be recovered from the consignee; excess freight charged over actual may affect assessable value as discussed in cited precedents. Discussion-Forum Central Excise Mon, 19 Jan 2015 14:14:10 +0530 https://www.taxtmi.com/forum/issue?id=107873