Import purchase for other branch
This query is : Resolved
22 May 2014
for example :
there is a one company name: Bharat ltd at ahmedabad and its brach named: Bharat ltd unit.1 at khambhat. question is : bharat ltd do import purchase but want to book and use purchase in Bharat ltd unit.1. import purchase done at ahmedabad under letter of credit. so what should be discrepancy related to excise , servise tax and others. and plz tell another option for that
there is a one company name: Bharat ltd at ahmedabad and its brach named: Bharat ltd unit.1 at khambhat. question is : bharat ltd do import purchase but want to book and use purchase in Bharat ltd unit.1. import purchase done at ahmedabad under letter of credit. so what should be discrepancy related to excise , servise tax and others. and plz tell another option for that
23 May 2014
You can take the cenvat credit in any one units.
23 May 2014
but commercial invoice has address of ahmedabad and material used and bill book on address of khambhat, is there cenvat credit possible for khambhat brach?
but commercial invoice has address of ahmedabad and material used and bill book on address of khambhat, is there cenvat credit possible for khambhat brach?
30 May 2014
r/sir you can not take credit of excise/custom in branch due to excise registration and address not bear on import paper.
only solution possible that you can take fist book in books of HO and after that its sell to your branch office.
only solution possible that you can take fist book in books of HO and after that its sell to your branch office.
30 May 2014
thanks for your reply.
but is there any problem of service tax on above issue?
but is there any problem of service tax on above issue?
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