01 June 2011
We are an 100% EOU and want to sele our finished product thru C&F agent. First we transfer our stock (FG) to agent and then they raised his own invoice for sale the products. if they fail to sale product it will be come bace at our premises. What procedure should we adopt for transferring goods since we are EOU we have to pay excise duty please guide us. How to transfer our product to agent & what is documentation procedure.
20 June 2011
get in touch with your EOU commissioner, and get this pilot project approved with his consent, he may issue necessary instructions after considering safeguard of revenue.