Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Discussions Forum
Home Forum Central Excise This
A Public Forum.
Anyone can participate to share knowledge.
We acknowledge the contributions of Experts/ Authors.

Submit new Issue / Query

CENVAT Credit, Central Excise

Issue Id: - 110887
Dated: 8-9-2016
By:- Baljeet Kaur

CENVAT Credit


  • Contents

R/Sir,

1. We have 2 offices (one is an office at Delhi and other is a factory at Manesar). Address on our IEC is of Delhi office and excise registration is on Manesar office. Now when goods are imported all clearance documents pertain delhi office address including the BOE which has CENVAT Credit in it. Hence input goods are being received in Delhi office in papers. But in actual they are received in Manesar. Moreover the invoice raised by the foreign vendor has Manesar Address(both Ship to and Bill to). But the document(BOE) which has CENVAT Credit of CVD is addressed to Delhi.

Please guide how the CENVAT Credit can be taken in Manesar.

2. Please specify the practical procedure for export of goods which were imported and CENVAT Credit was booked. What documentation is required in Excise prior and post exporting in relation to CVD? Also include implications of Rule 18 & 19.

Thanks & Regards

Posts / Replies

Showing Replies 1 to 8 of 8 Records

Page: 1


1 Dated: 8-9-2016
By:- YAGAY AND SUN

Get your all documents pertaining to Import i.e. Invoice, COO, Packing list on the address of your Manesar Factory and at the time of filing B/E choose the Branch Code (as mentioned in IEC) of your factory.

As per the latest SC Judgment both the benefit can be obtained under Rule 18 and 19.


2 Dated: 8-9-2016
By:- MUKUND THAKKAR

Rightly explain...


3 Dated: 8-9-2016
By:- MARIAPPAN GOVINDARAJAN

Yes, well explained.


4 Dated: 8-9-2016
By:- Baljeet Kaur

@ Yagay & Sun

Dear Sir,

We dont have Manesar address in IEC. Though we have filed for amendment with DGFT but its under pendency.

Else we could have received BOE addressed to Manesar.

But for now its doubted how to pass on the CVD credit to manesar.

Regards


5 Dated: 8-9-2016
By:- Rajagopalan Ranganathan

Madam,

First register your head office as first stage dealer in imported goods under rule 9 (1) of Central Excise rules, 2002. then issue cenvatable invoice to your Manesar factory and avail the credit of CVD and SAD. But take care that you pay vat as per the prevalent law at Delhi.


6 Dated: 8-9-2016
By:- YAGAY AND SUN

VAT/CST Shall not be applicable since such transaction would fall under the category of Stock Transfer and Form F under CST Act, 1956 read with CST (R&T) Rules shall be issued on monthly basis.


7 Dated: 8-9-2016
By:- Ganeshan Kalyani

Sir, Form F is to be supported with LR, which in this case the querist won't have as only the documents are of the address of the Delhi office. Definitely VAT/ CST will not be applicable. Thanks.


8 Dated: 9-9-2016
By:- KASTURI SETHI

Thanks to all the learned experts for enrichment of my knowledge.


Page: 1

Old Query - New Comments are closed.

Quick Updates:Latest Updates