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

TMI Blog

Home

Transfer of duty free material to other unit

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Transfer of duty free material to other unit
Query (Issue) Started By: - Yatin Bhopi Dated:- 12-6-2013 Last Reply Date:- 13-6-2013 Central Excise
Got 2 Replies
Central Excise
Dear Sir, W .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e 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 against DEEC sc .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... heme) 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 to our other u .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nit. 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 unit to other but e .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... xport 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 for manufacturing final .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 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 unit). Pl. confirm. Ple .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ase give the detail procedure and excise/DGFT formalities.
Discussion 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

 

 

 

 

Quick Updates:Latest Updates