jagdish kumar (Sr. Executive) (46 Points)
22 June 2010I M a Manufacturer, import inputs (e.i. 5.30 USD Per Unit) for manufacturing and utilize cenvat credit (CVD) Now i have surpluse stock of imported inputs so i need to export Inputs as such on low value (e.i. 4.30 USD Per Unit) to my another subsidary.
Can i export imported inputs as such on Low Value
Murthy B.C
(Excise Officer)
(141 Points)
Replied 23 June 2010
ok it is possible to as per Purchase order from byer and BRC. But the CVD is Reversed as per Imported Value only.
jagdish kumar
(Sr. Executive)
(46 Points)
Replied 23 June 2010
pls. provide Notification or Circular if any
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961
CAclubindia
