Easy Office
LCI Learning

Stock transfer outside india

This query is : Resolved 

06 March 2009 Hi,

Let me know excise treatment & other legal implication for the material sent by engineering company to its site outside india....

Please reply with section / rule number...

09 March 2009 Sending material outside india is Export, even when the maretial is sent to oyur site only. You can take all the benefits of Custom, Excise, Service Tax and CST/VAT on this export.
It may happen that you are also sending some materials which you may wish to bring back into india after use, like cranes, capital goods etc. There is an specific exemption of import duty of such material.



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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query