Poonawalla fincorp
Poonawalla fincorp

Trading of imported goods

This query is : Resolved 
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(Querist)
26 September 2012 Hi everyone,

My firm( Indian subsidiary of a German company) is importing cutting oils from the parent company. Do we need to register the Indian subsidiary with central excise, is it mandatory?. Are there any benefits if we register with central excise?

Regards
Abhimanyu
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CA AYUSH AGRAWAL

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CA AYUSH AGRAWAL (Expert)
26 September 2012 Yes, For Import You Need to Register With Custom & Excise Authorities.

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