Stock transfer to branch
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 November 2009
Can any one help me the following conditions of Transaction is allowed in the Cenvat cridit rule
'A' is a Second stage dealer registred with Central Excise(Iron and Steel)
'B' is its branch with in the state Registred with Central Excise.
'A' is transfering Goods to 'B' on stock transfer basis.
'B' is issuing CENVAT Invoice to end user
to avail cridit.
If Yes Kindly give me any Notification, Circular,Judgemnets,approval or any other leagul provision (supporting documents)in the rule for approving the above conditions of transaction.
'A' is a Second stage dealer registred with Central Excise(Iron and Steel)
'B' is its branch with in the state Registred with Central Excise.
'A' is transfering Goods to 'B' on stock transfer basis.
'B' is issuing CENVAT Invoice to end user
to avail cridit.
If Yes Kindly give me any Notification, Circular,Judgemnets,approval or any other leagul provision (supporting documents)in the rule for approving the above conditions of transaction.
06 December 2009
Being a second stage dealer 'A' can pass on the duty to his customer/or branch for consumption only but can not sale it to any dealer for further pass on the duty.
Hope this will serve your purpose,
Thanks, S. Banerjee
Hope this will serve your purpose,
Thanks, S. Banerjee
06 December 2009
Being a second stage dealer 'A' can pass on the duty to his customer/or branch for consumption only but can not sale it to any dealer for further pass on the duty.
Hope this will serve your purpose,
Thanks, S. Banerjee
Hope this will serve your purpose,
Thanks, S. Banerjee
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
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Event company query
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
Trending Online Classes
CAclubindia
