Hi,
Can someone suggest if there is a detailed documentation/manual/book for dispatch procedures of materials in compliance with Central Excise and VAT Act. for the following transactions.
1. Regular sale of goods from Karnataka to within Karnataka and outside Karnatka as well as Exports and deemed exprots.
2. Procedure for movement of goods on demo and return basis, where the other party who will view the demo, willnot issue documents.
3. Branch transers of goods from Karnataka HO to its branch offices.
4. Spares/Warranty replacements where there won't be any money being paid by the customer for this supply.
5. Imported materials received, paid and then rejected and to be sent bak to the supplier.
6. Only a couple of parts of a full equipment in advance to the customer, as the customer has to prepare the site with this parts for installing the final equipment.
And all other types dispatch procedures keeping in view that the Company is being a Excise unit and Karnataka VAT regd.
Request advice.
Manjunath V
CAclubindia
