banner_ad

As such sale

This query is : Resolved 
Profile Image

Profile Image

(Querist)
29 May 2014 my client is in the business of iron and steel manufacturing(excise manufacturing registration). They have imported coal(raw material) which is lying in the railway sliding.
Now they want to sale directly from railway sliding it without receiving the same in the factory.
can they do so.
will it be treated as such sale.
Profile Image

CA Nilesh P. Kanodia

Profile Image

CA Nilesh P. Kanodia (Expert)
29 May 2014 credit on inputs: once goods are received in factory you are eligible for cenvat credit on that goods.

but in your case it seems that you have not yet received the goods in your factory premises so you are not eligible for CENVAT credit.

Sale as such case is applicable where goods are received by you in your factory. but this is not sale as such.

its will be sale in transit.
Profile Image

Arun Kumar Singh

Profile Image

Arun Kumar Singh (Expert)
30 May 2014 You can sale the goods from railway sliding but buyer can not take the cenvat credit.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
09 May 2026
Audit Manager

Kanna and Associates

Coimbatore

CA Inter

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details