CA Day celebration 2024 Easy Office
LCI Learning

Storage of imported machinery outside premises

This query is : Resolved 

20 September 2012 WE HAVE IMPORTED CERTAIN MACHINERY AT CONCESSIONAL RATE FROM US. OUR PLANT IS UNDER INSTALLATION AND DUE TO SHORTAGE OF STORAGE SPACE, WE UNLOADED SOME OF THE CONSIGNEMENTS AT A RENTED WAREHOUSE OUTSIDE OUR PLANE PREMISES.


NOW IS THERE ANY PERMISSION / APPROVAL REQUIRED FOR DOING SO. IF YES, THEN UNDER WHICH PROVISION


NOTE: THE MACHINERY HAVE BEEN CLEARED FROM ALL THE CUSTOM PROCEDURE.

21 September 2012 write to juridictional DC with copy to range, for seeking permission for storage of goods outside, with clear facts and time to be taken to shift the same in registered permises.

department will check the facts and after getting ensure about that goods with concessional rate of duty will not be diverted they would grant permission subject to any undertaking if needed.

22 September 2012 DO WE HAVE ANY SPECIFIC PROVISION REGARDING THIS. I NEED TO QUOTE THE SAME...


22 September 2012 no such provision, as the assessee has already violated the rules, so being faster will be better, clear cut language that the space is short so extension of space will solve the prob.



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