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Time of removal of goods

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..... Dear all, What is the maximum time of duty paid goods removal? in other words if we make an invoice on 01st Aug 14. than what is the maximum time limit to remove the duty paid goods from premises. in other words time of removal can be more than 24 hrs ? please reply. - Reply By Pradeep Khatri - The Reply = Dear Deepak, Though, it was specified in the old Rules that goods must removed within .....

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..... 24 hours from the time of dispatch. But in the new Rules there is no specific provision in this regard. Generally, it is deemed that goods must be removed within 2-3 hours after putting the time of removal on invoice, this is mandatory for not only Central Excise perspective but also VAT/CST perspective. This time may be extended on the event of any adverse circumstances, if occurred, such as no .....

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..... n availability of transport, strikes, curfews etc. An intimation should be provided to the Central Excise Department and VAT/CST Department in this regard to cope with any unwarranted situations which may arise due to non dispatch of goods even after issuance of Invoice. Regards YAGAY and SUN (Management and Indirect Tax Consultants) Faridabad 121001 Mobile:- 9818131923 E-Mail:- yag .....

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..... aysun@india.com - Reply By PAWAN KUMAR - The Reply = Dear Sir, As such there is no specific provision in the law. If you put the removal date and time on the invoice/bill, it means goods have been removed from the factory on such date and on such time. If the vehicle in which the goods have loaded, is hold for some reason and you already put the date and time of removal on the invoice/bil .....

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..... l, please put again the actual date and time striking the old date and time of removal and signed over there with dully stamped. It should be in rear case only. - Reply By Rajagopalan Ranganathan - The Reply = Sir, Normally the goods shall be removed before closing the operation for the day in which the invoice/bill is prepared. Normally time of removal will be put just half-an-hour or .....

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..... so before the truck leaves the factory premises. If due to non-availability of transport or strike or curfew, then cancel the invoice and prepare a new one on the day in which the goods are removed. - Reply By Naveed S - The Reply = Sir, I advise that goods should be removed in few hours of the time of removal, if there is no any genuine reason for not removing it. If there is any sudden unex .....

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..... pected physical checks from the department, then they may come to the conclusion that goods are being removed time and again on the same invoice, especially if the delivery place is in the same city or to any nearby places. Hence, it would be better to cancel the invoice if goods are not to be removed instantly. - Time of removal of goods - Query Started By: - Deepak Bhardwaj Dated:- 28-8-2014 .....

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..... Central Excise - Got 4 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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