Import duty credit to buyer by a manufacturer!
This query is : Resolved
19 February 2016
Sir,
Can a manufacturer sell the imported goods directly (without any manufacturing process) to its client with pass on the import duty credit to its client? Manufacturer is not registered as a dealer under excise. If yes, please advise how.
Please reply urgently.
Thanks,
Vivek
Can a manufacturer sell the imported goods directly (without any manufacturing process) to its client with pass on the import duty credit to its client? Manufacturer is not registered as a dealer under excise. If yes, please advise how.
Please reply urgently.
Thanks,
Vivek
20 February 2016
Yes, manufacturer can sale the imported goods as it is.
22 February 2016
Thanks Arun Ji..
The Company has imported the finished goods as OEM and not as Trader of Excisable Goods under the Trading Excise License – instead on the manufacturer’s excise license.
Can still company can issue Excise Invoice to its client and pass on Duty Credit?
Please reply urgently.
Thanks,
Vivek .
The Company has imported the finished goods as OEM and not as Trader of Excisable Goods under the Trading Excise License – instead on the manufacturer’s excise license.
Can still company can issue Excise Invoice to its client and pass on Duty Credit?
Please reply urgently.
Thanks,
Vivek .
10 March 2016
Dear Vivek
As one of the case you can do that.. goods removed as such under CENVAT credit rules
As one of the case you can do that.. goods removed as such under CENVAT credit rules
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