Duty transfer stages
This query is : Resolved
25 August 2014
Dear Sir
my query as follows
We have purchase the mtrl from dealer from Karnataka . and we avail the cenvat credit on same. But said material we want to sale out to other company what is the Excise law for this transaction.
Regards
Kanade Vijay
8412011550
my query as follows
We have purchase the mtrl from dealer from Karnataka . and we avail the cenvat credit on same. But said material we want to sale out to other company what is the Excise law for this transaction.
Regards
Kanade Vijay
8412011550
Arun Kumar Singh
(Expert)
26 August 2014
You can trade that material without manufacturing and no need to value addition. You can sale that product as such removal. If you want to do trading activity then premises should be separate.
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