TMI BlogAdvance Authorization and GSTX X X X Extracts X X X X X X X X Extracts X X X X ..... XYZ Ltd. Importing raw material under Advance Authorization . These goods will be directly sent to PQR (Supporting manufacturer) to manufacture finished goods. These finished goods will be purchased by XYZ from PQR where PQR will be charging 0.1% GST since XYZ will be exporting these goods as merchant exporter. XYZ will be showing these exports as fulfillment of export obligation against Advance ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... authorization against which the raw material was imported by them. Is this transaction correct? - Reply By Rajagopalan Ranganathan - The Reply = Sir, In my opinion the procedure followed by XYZ is correct. - Reply By DR.MARIAPPAN GOVINDARAJAN - The Reply = In my view also it is correct. - Reply By MUKUND THAKKAR - The Reply = First check the application done by XYZ and need to showing the s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... upporting manufacturer PQR in application. if directly sending material to PQR. if basic condition is meet than XYZ can eligible for claim export obligation. XYZ need to mention name of supporting manufacturer in shipping bill.as per application details with the DGFT. - Reply By YAGAY andSUN - The Reply = 4.35 Facility of Supporting Manufacturer/ Jobber/co- licensee (a) Imported materi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... al may be used in any unit of holder of Advance Authorization subject to condition of paragraph 4.10 of this Handbook or jobber / supporting manufacturer provided same is endorsed on authorization by Regional Authority. If applicant desires to have name of any manufacturer or jobber added to authorization, he may apply. Such endorsement shall be mandatory where prior import before export is a cond ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ition for availing Advance Authorization scheme and authorization holder desires to have material processed through any other manufacturer or jobber. (b) Upon such endorsement made by Regional Authority, authorization holder and co-authorization holder shall jointly and severally be liable for completion of EO. Any one of co-authorization holders may import goods in his name or in joint names. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... BG/LUT shall also be furnished in their joint names. (c) If authorization holder is registered with Central Excise, he has an option of getting names of jobber endorsed by Central Excise as per Central Excise Rules in lieu of Regional Authority s endorsement. In case manufacturer exporter holding authorization is not registered / not required to be registered with Central Excise authority, job ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... work may be allowed as per Central Excise Rules and regulations without insisting for endorsement of supporting manufacturer s name. However, authorization holder shall be solely responsible for imported items and fulfillment of EO. - Advance Authorization and GST - Query Started By: - Kaustubh Karandikar Dated:- 27-12-2019 Goods and Services Tax - GST - Got 4 Replies - GST - Discussion Forum ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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