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TMI BlogSale of Ex. goods w/o taken in to godownX X X X Extracts X X X X X X X X Extracts X X X X ..... Sale of Ex. goods w/o taken in to godown X X X X Extracts X X X X X X X X Extracts X X X X ..... is also in mumbai. Query is : as we have to pass on the CVD also to our buyer, can we raise the Ex bill w/o taking the material in our delhi godown ? is this is ok with the Excise rules?? Else the custom clearance will be at Mumbai Port & the material will come to delhi by road , we will make the RG23 Entry & after this we will raise the Excise bill & the material will again move to Mumbai ( to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... our buyer ) on our excise bill.( it will be costly as well as the time taking process ) pls guide............. Regards VIKAS KAPOOR [email protected] Reply By r.rajkumar kumar: The Reply: iif not already or stock in bonded werehouse. you can sell it on highsea sales basis with out paying duty and local tax. Enter an aggreement with the buyer and pass right on the goods to the buyer be ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... fore customs duty payment and coress the customs area. let the buyer pay the duty and clear the goods with out local tax. if you are clearing goods y have to pay the duty and the input credit y can pass on to the customer to avail the input credit. but y have to pay local tax. tks Reply By NEERAJ KUMAR, RANCHI: The Reply: Dear Mr Kapoor, There is one way as suggested by Mr Rajkumar regarding h ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... igh sea sale. Other wise for passing on cenvat creit you will have to bring the goods to your registered premises and then remove it on you excise invoice. Reply By Sanjib Kothari: The Reply: Dear Mr Kapoor, The sale itself cannot be carried out as you are not registered with VAT in Maharashtra. Being a dealer in Delhi, you cannot sell any goods in Maharashtra or any other state without chargin ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... g CST. Now the said consignment is coming to Mumbai Port which means it cannot be Central Sale now. Now, relating to passing off CENVAT Credit for CVD , it cannot be passed on unless and until it is being sold from your godown or registered premises. In nut shell, the only option which you can avail for selling the said product is by way of HIGH SEAS SALE. But, kindly note that once the consignme ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nt reaches the destination port, you cannot make High Seas Sale ie; your High Seas Sales Contract prepared in Rs 50.00 Non-Judicial Stamp Paper must be executed much before the arrival date of the consignment. High Seas Sale follows the same rule as CST Transit Sale under E-I.
Regards
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