Payment of duty and then availing credit

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Payment of duty and then availing credit
Query (Issue) Started By: - chaganti srinivas Dated:- 20-10-2009 Last Reply Date:- 22-10-2009 Central Excise
Got 1 Reply
Central Excise
Dear Sirs, .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 1) Is there any provision for transfering the finished goods on payment of duty from one registered premises to another registered premises on payment of duty and avail credit on the second unit for .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... re-sale from there at higher price. Reply By Rama Krishana: The Reply: Credit is not allowed in case of trading of goods. In case of trading, you can pass on the duty. In case the goods are sold by t .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... he other unit of the same manufacturer, duty is to paid on the higher sale price on which the goods are being sold actually. So plan carefully in advance otherwise you will be at loss.
Discussion .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X