Removal of goods from factory
This query is : Open
17 December 2011
What is the procedure for removal of Excise able goods from factory to a depot of the same company which is not registered under central excise.
18 December 2011
depot of the company if he owns the same, must have to be registered,
otherwise he can remove goods on invoice, but he can not pass the excise benefit to next buyer as he would not be in position to issue excise invoice for same goods removed to his unregistered godown.
valuation rules also apply, as he has to clear the goods on paying duty at maximum rate on which he intend to sell the goods to his buyer.
otherwise he can remove goods on invoice, but he can not pass the excise benefit to next buyer as he would not be in position to issue excise invoice for same goods removed to his unregistered godown.
valuation rules also apply, as he has to clear the goods on paying duty at maximum rate on which he intend to sell the goods to his buyer.
18 December 2011
We will not pass on Excise Duty to buyer from our Depot. we want to know the procedure for removal from factory to depot, invoicing from our factory and valuation of goods to be transfered to depot.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- GST ON EXPORT COMMISSION
- Should I report my US salary for January, February, March in Schedule FA?
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
