Credit of duty paid on imported material

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

02 March 2013 Sir,
Suppose my factory is located in Gujarat.
I import material from foreign country on which I pay "X" amount as Custom duty & CVD.
Said material reached at Mumbai port. I pay duty and Bill of Entry also filed in my name. So, I am an importer. Foreign supplier raised bill on my factory address i.e. Gujarat. Now I want to sale said material to my customer who is in Maharashtra state.

What it makes difference if (1)I directly dispatch goods from Mumbai port to my customer.
2)I take material in my factory in Gujarat and then dispatch it to customer in Maharastra.

Rajeev Kumar Garg

Rajeev Kumar Garg (Expert)

08 March 2013 1. YES,YOU CAN DISPATCH THE GOODS DIRECTLY FROM MUMBAI ON DELIVERY CHALLAN OF C.H.A.

2. YOU CAN AVAIL CENVAT CREDIT OF C.V.D. AND ADDITIONAL DUTY PAID ON IMPORTED GOODS AS PER YOUR B.O.E.

3. YOU CAN ISSUE YOUR INVOICE MENTIONING FOLLOWING REMARK:-
"GOODS DISPATCHED TO BUYER FROM I.C.D., MUMBAI DIRECTLY THROUGH C.H.A. CHALLAN'S NO.........DTD..... TO AVOID DOUBLE TRANSPORTATION."
THANKS
RAJEEV KR. GARG
CONSULTANST

Rajeev Kumar Garg

Rajeev Kumar Garg (Expert)

08 March 2013 1. YES,YOU CAN DISPATCH THE GOODS DIRECTLY FROM MUMBAI ON DELIVERY CHALLAN OF C.H.A. 2. YOU CAN AVAIL CENVAT CREDIT OF C.V.D. AND ADDITIONAL DUTY PAID ON IMPORTED GOODS AS PER YOUR B.O.E. 3. YOU CAN ISSUE YOUR INVOICE MENTIONING FOLLOWING REMARK:- "GOODS DISPATCHED TO BUYER FROM I.C.D., MUMBAI DIRECTLY THROUGH C.H.A. CHALLAN'S NO.........DTD..... TO AVOID DOUBLE TRANSPORTATION."
4. YOU HAVE TO REVERSE THE DUTY EQUIVALENT TO CENVAT CREDIT TOO.
THANKS
RAJEEV KR. GARG
CONSULTANST

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