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
- Manual Rectification through AO
- IT Return filed defective u/s 139 (9)
- Fixed Deposit Claim Relinquishment by the Nominee
- ITR 6 Schedule CFL and UD Issues
- TCS ON SOFTWARE SALES
- TDS RATE ON RENT PAID TO NRI
- FREELANCING ACCOUNTANT
- Not a CA , can we prepare balance sheet
- Income Type for interest from government bonds
- Gstr 9 2023-24
- GST Form ADT-02
- Reporting of savings account interest income
- PAYMENT TO OPEN AI AND ENVATO ELEMENT
- From 15CA for remittance by domestic travel agent by to Foreign Destination Management Company.
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- 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?
Trending Online Classes
CAclubindia
