https://www.taxtmi.com/forum/issue?id=109654 Stock transfers from an excisable factory to a head office attract excise duty because duty is leviable on removal; the head office, not being a depot or registered unit, is treated as "any other place" and duty must be paid at removal. Valuation depends on destination: transfers to own units use the cost plus method under Rule 8, whereas transfers to depots or consignment premises are valued by transaction value under Section 4. VAT is payable only upon sale from the depot or selling premises. en-us Tue, 05 Jan 2016 12:18:02 +0530 Thu, 23 Jan 2025 15:56:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=109654 Stock transfers from an excisable factory to a head office attract excise duty because duty is leviable on removal; the head office, not being a depot or registered unit, is treated as "any other place" and duty must be paid at removal. Valuation depends on destination: transfers to own units use the cost plus method under Rule 8, whereas transfers to depots or consignment premises are valued by transaction value under Section 4. VAT is payable only upon sale from the depot or selling premises. Discussion-Forum Central Excise Tue, 05 Jan 2016 12:18:02 +0530 https://www.taxtmi.com/forum/issue?id=109654