EASYOFFICE
EASYOFFICE

Excise on imports

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
15 January 2015 Hello
I would like to start my import business. I would be importing myself and then retailing myself too. No manufacturing of those imported goods or any other goods. Am I eligible to pay Excise Duty on importing goods? Will I have to register with Central Excise for simple importing and retailing of goods?
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
15 January 2015 Customs duty is payable on import of goods not excise duty.
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
15 January 2015 So we don't need to register our company with Excise?
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
16 January 2015 Yes no need to register under Excise.
Profile Image

Rupesh Jain

Profile Image

Rupesh Jain (Expert)
16 January 2015 yes you can tfr to buyer by taking trading licence of excise.
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
17 January 2015 Transfer to buyer what?

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links