Ed on transfer of capital goods from one factory to another

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aman singh (Querist)

29 March 2012
Dear Experts,

As per Rule 4 of CER,2002 ED is Payable on Removal of Goods. Whether ED will be Paid When Assessee Transfers Capital Goods From One Factory To another factory ?

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)

29 March 2012 go to link:

https://www.eximguru.com/exim/dgft/exim-procedures/2010-2011/chapter_5_export_promotion_capital_goods-epcg_scheme.aspx

aman singh

aman singh (Querist)

29 March 2012 Sir,
I m not Getting it..Plz Explain.

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)

29 March 2012 OPEN & READ THE LINK.....

also read the link

https://www.cbec.gov.in/customs/cst-0910/cs-gen38-52.pdf

https://www.caclubindia.com/experts/excise-duty-impact-and-rate-on-branch-stock-transfer-879350.asp

aman singh

aman singh (Querist)

29 March 2012 sir,
my question is not regarding further processing or any kind of job work. my question is "If assessee transfers any goods to another factory(Not for job Work) on which ED is Payable, whether he would be liable to pay ED".Also State the Impact in case of Capital Goods which is being transfered after use & before use.

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)

30 March 2012 in case of EPCG scheme there will be not any duty applicable at the time of transfer the goods from one factory to another.

regards,

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