Bill of Entry transfer

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Naveen D (Querist)
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18 October 2010 Dear All

We received an imported material at Chennai port but the Bill of entry is on our plant at Gujarat , but the material is supposed to be cleared at Chennai plant(not Gujarat). what is the procedure to unload at chennai plant itself, and how to take cenvat credit of cvd amount. kindly help

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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18 October 2010 Naveen ji,

you will have receive an imported material as per your EXPORT SALES CONTRACT, in prescribed condition, however if you already add IEC number in your branch office chennai plant, for this write a letter in the name of DC OF CUSTOMS in this regard.

for more info:- https://dacnet.nic.in/ppin/IpmImport_Cont.htm

for filing sad amount file in the import port.

for more info in this case:- https://www.caclubindia.com/forum/cenvat-credit-notes-please-go-through-76327.asp

and also visit :- cbec.gov.in

regards

Naveen D

Naveen D (Querist)
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19 October 2010 Sir, thank you so much . May I ask you,whether there is any implication from Sales tax point of view.

For excise, Our company is thinking of taking cenvat credit at Gujarat plant on the basis of billofentry and do stock transfer to Chennai plant. Is this correct ?

Any document to be given for sales tax/VAT point of view. In case of imports, VAT may not come into picture, but would like to know whether any requirement is there for bill of entry transfer

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