Ad-Free CAclubindia and Daily Updates on your mobile. Subscribe Now!

PROCEDURE OF OPEN A MANFACTURER DEPOT OF EXCISABLE UNIT

CA. BIJENDER KR. BANSAL (ACA, B.COM) (8148 Points)

22 June 2009

DEAR ALL, A MANFACUTIRNG COMPANY PRODUCING EXCISABLE PRODUCTS, WANT TO TAKE A GODOWN IN SAME CITY FOR DISPATCH FINISHED GOODS TO PARTY FROM THERE. WHAT ARE THE PROCEDURE FOR TAKEN THIS GODOWN? WHETHER BILLING IS TO MADE FROM GODOWN TO PARTY OR DIRECTLY FROM COMPANY? PLEASE FEEDBACK THE QUERY. THANKS & REGARDS CA. B.K.BANSAL

Reply
Follow
Share

4 Replies

SAM KOSHY (150 Points)
Replied 22 June 2009

Dear, You have two options. 1. Either direct billing from the company to customer. 2. Stock transfer from company to your local shop or godown and cash / credit billing from there. Both the above, for storage of excisable goods, you have to follow up the excise rules and records. Sam

Upgrade to CAclubindia Pro. Subscribe Now!

CA. BIJENDER KR. BANSAL (ACA, B.COM) (8148 Points)
Replied 22 June 2009

Dear Sam,

You have provided two options.

Whether it is possible to billing direct from company i.e 1st option under Excise Act.

Please give details of Excise rules and specify the records which are to be maintain under excise in both option.

BANSAL

satya (Executive Excise) (1839 Points)
Replied 31 March 2011

Why sam ji, have u not given any info to Bansal Ji reg. 2 options.

Kindly give clearely as early as possible.

CA Saiyum khan (Practicing CA) (685 Points)
Replied 31 March 2011

Originally posted by : CA. BIJENDER KR. BANSAL
	DEAR ALL, A MANFACUTIRNG COMPANY PRODUCING EXCISABLE PRODUCTS, WANT TO TAKE A GODOWN IN SAME CITY FOR DISPATCH FINISHED GOODS TO PARTY FROM THERE. WHAT ARE THE PROCEDURE FOR TAKEN THIS GODOWN? WHETHER BILLING IS TO MADE FROM GODOWN TO PARTY OR DIRECTLY FROM COMPANY? PLEASE FEEDBACK THE QUERY. THANKS & REGARDS CA. B.K.BANSAL