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Jagdishkumar M Gor (Querist)
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04 July 2014 WE ARE HAVING THE UNIT IN DTA AND IN SEZ.

FOR CLEARNACE FROM DTA UNIT TO SEZ UNIT IT IS CALLED EXPORT AND WE CAN GET ALL THE BENEFITS. TO GET THE DBK WE NEED THE BRC, AND ALSO PAYMENT SHOULD BE IN FOREIGN CURRENCY. NOW AS PER ACCOUNT IT IS NOT SALE BUT STOCK TRANSFER AND NOT POSSIBLE, CAN ANY ONE IS GETTING BRC FROM BANK?

REGARDS
JMGOR

Arun Kumar Singh

Arun Kumar Singh (Expert)
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05 July 2014 DTA unit will clear goods under ARE-1 and bond or on payment of duty under claim of rebate, as per normal export procedure. A bill of export is required to be filed. This can be filed by zone unit or developer on behalf of DTA unit. This will be assessed by customs officer. It can be either assessed before arrival of goods. These can be assessed after arrival of goods but in case, goods will be kept separately in designated area. ARE-1 duly endorsed by custom officer will be forwarded to central excise superintendent of DTA unit within 45 days.

Jagdishkumar M Gor

Jagdishkumar M Gor (Querist)
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07 July 2014 Dear Mr. aurn Kumar, this procedure is ok, my quarry is for same compnay i.e. ABC LIMITED - DTA Unit TO ABC LIMITED SEZ Unit so as per account it is called stock transfer and not sale, as per excise law it is caleed sales, so what about BRC and payment under foreign currency.

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