Credit of cvd/acvd
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 October 2012
A company (for its factory in Dlehi) imported goods from Singapore and the goods reached the port in Mumbai.. All the import documents are in the name of the company's Delhi factory..
From the port, the good were cleared and kept in the company's godown in Mumbai.
Now, the company wants to send these goods to its other factory in Bangalore ( and not to Delhi-for which the goods had actually come )..
How can the company transfer the goods so that it can avail credit of CVD / ACVD; and it does not face any issues at the state borders while movement of goods.
For VAT / CST : Is this a stock transfer of goods and thus requiring Form F ?
From the port, the good were cleared and kept in the company's godown in Mumbai.
Now, the company wants to send these goods to its other factory in Bangalore ( and not to Delhi-for which the goods had actually come )..
How can the company transfer the goods so that it can avail credit of CVD / ACVD; and it does not face any issues at the state borders while movement of goods.
For VAT / CST : Is this a stock transfer of goods and thus requiring Form F ?
27 October 2012
Transfer the same through Form H by transfer of goods to BO or other offices of the company. NO VAT or CST shall be applicable
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 October 2012
Form H or F ?
And what about excise credit ?
And what about excise credit ?
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS 194-T applicability
- GST ITC REVERSE
- Fixe term employment
- Is any professional CA is here please reply
- Consolidated financials
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- Section 50-fixed asset-->building ceases to exist
- Putting a heading on received mail
- Regarding Applicability of Tax Audit u/s 44AB
- TDS on TRUST
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
