VINITA SHARMA (SYSTEM ADMINISTRATOR) (25 Points)
17 February 2011Dear All,
I am working in a Spring Mattresses Manufacturing Company in Noida. My company is a excisable unit. We are selling Mattresses through dealers / distributors in Delhi and other states. I want to know the legal procedure to return / repair the mattresses lying in different states / cities directly from Noida. What are the documents we required in transaction of Goods from one place to other place. Please send me the appropriate solution of my problem.
Thanx & Rgds,
Vinita
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 17 February 2011
1) YOU have to obtain service tax registration for "maintainace & Repair"
2) the party will send u goods under their challans stating " sent for repair / to be returned after the repair"
3) you will have to maintain separate stock IN/OUT register with specific detaills of each consignment received and delivered.
4) While sending goods back, u have to mention on challans / invoices "NOT FOR SALE/ REPAIRED GOODS RETURNED" - stating the original challan reference and attaching a xerox copy of original challan.
5) Issue invoice of repair and maintanance , and charge service tax subject to availment of exemption of 10L
6) keep alert that the goods received is same goods sent , if the mode/ style/ desctiption changes than it would amount to manufacture and hence excise liability will arise in your part.
7) dont try to use the "cenvated inputs" in repair / maintanance.
VINITA SHARMA
(SYSTEM ADMINISTRATOR)
(25 Points)
Replied 17 February 2011
Thanx U S Sharma ji..............................
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961
CAclubindia
