TMI BlogTransfer of duty free material to other unitX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir, We are manufacturer having four units. We are also registered under LTU. All our units are available under IEC certificate. We want to transfer one of our duty free material (imported a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... gainst DEEC scheme) to one of our other unit. In hand book of procedure vol-1, Para 4.5- Advance authorization for application with multiple units; it appeared that we can transfer duty free material ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... to our other unit. Please express your views. Please also let me know any other procedure in this regard. - Reply By Pradeep Khatri - The Reply = Yes, under LTU you can transfer the goods from one u ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nit to other but export obligation would remain in force. - Reply By Yatin Bhopi - The Reply = Sir, The purpose of transferring duty material from one unit to another unit is not for job work but ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... for manufacturing final goods of transferee unit (other unit), Since material is duty free we hope no excise duty is payable (since we are in LTU input can be clear without payment of duty to sister u ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nit). Pl. confirm. Please give the detail procedure and excise/DGFT formalities. - Transfer of duty free material to other unit - Query Started By: - Yatin Bhopi Dated:- 12-6-2013 Central Excise - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Got 2 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
