Seeks to prescribe the credit transfer document under rule 15(2) of CCR, 2017

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....85, paid on goods manufactured and cleared by him under the cover of an invoice before the 1st day of July, 2017 (hereinafter referred to as 'such date'), may issue a document called Credit Transfer Document (hereinafter referred to as 'CTD') to a person (hereafter referred to as 'dealer') who was not registered under the Central Excise Act, 1944 but is registered under the provisions of Central Goods and Services Tax Act, 2017 (hereinafter referred to as 'CGST Act, 2017') and is in possession of such manufactured goods held in stock on the such date, subject to such limitations, conditions and procedures as specified below: 1. (i) The value of such goods is more than rupees twenty-five thousand per piece; (ii) goods bear the brand na....

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....d goods shall not be eligible to avail credit under provision of sub-rule (4) of rule 117 of Central Goods and Services Tax Rules, 2017 on identical goods manufactured by the same manufacturer available in the stock of the dealer; (x) a dealer availing credit on the basis of CTD shall, at the time of making supply of such goods, mention the corresponding CTD number in the invoice issued by him under section 31 of the CGST Act, 2017; 2. Where a manufacturer issues a CTD such that credit of central tax is availed twice on the same goods under the provisions of CGST Act, 2017 and the rules made thereunder, he shall be jointly and severally responsible for excess credit availed by the dealer and provisions for recovery of credit, interest....

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....otal quantity for which CTD issued Total value of Goods for which CTD has been issued Central Excise duty paid on such goods Credit availed by the dealer                                 Trans 3A 1. Documents to be maintained by the manufacturer issuing CTDs S. No. CTD No. Invoices no. against which CTD has been issued Invoice date Months in which these clearances were made against the invoices GSTIN Nos. of all intermediate buyers and sellers through whom the goods have passed Value of Goods Central Excise duty paid             ....