Export oriented unit & domestic trading unit
This query is : Resolved
01 February 2013
We have two unit one is EOU & another is DTA. Due to Excise & Custom purpose we transfer goods from EOU to DTA with proper documentation for sale in local market. The problem arises in case of valuation of closing stock at the end of period and what are the necessary entries we require to pass at the end of period.
08 February 2013
i am posting links kindly read and understand if u are satisfy ask:-
https://www.cbec.gov.in/excise/cx-act/notfns-2k7/cent31-2k7.htm
https://www.sukhsagor.com/as/AS-2.pdf
https://www.eouindia.gov.in/epces_cieculars/circular109.pdf
case:
https://elegalix.allahabadhighcourt.in/elegalix/WebShowJudgment.do?judgmentID=1167878
https://www.cbec.gov.in/excise/cx-act/notfns-2k7/cent31-2k7.htm
https://www.sukhsagor.com/as/AS-2.pdf
https://www.eouindia.gov.in/epces_cieculars/circular109.pdf
case:
https://elegalix.allahabadhighcourt.in/elegalix/WebShowJudgment.do?judgmentID=1167878
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
- Multiple payment of self assessment tax for A Y 2025-2026
- CAPITAL GAIN REDEVELOPED FLAT
- CLOSING STOCK QUERY
- Requirement under FEMA &RBI
- REGARDING ITR FILING QUESTION
- Query regarding TDS on EPFO Higher Pension Arrears- under wrong section
- Query regarding Item 61/62/63 vs Item 64 in ITR-3
- GST ISD Query on various AMCs
- PF wage ceiling
- Gst reverse charge mechanism to be claimed in the month of payment
- GST REGISTRATION REQUIRED TO DIAGNOSTIC UNIT
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
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
