New trading plant for exports
This query is : Resolved
12 October 2015
Dear Experts ,
My client is commercial vehicle mfg. in India, registered for new TRADING PALNT for their Export operations. Before that they have planed for Export warehouse and due to some limitations(even direct import to export warehouse,subcontracting is not allowed)they have moved to new TRADING PLANT.
Now I would like to know the impact of Excise Transactions.
1.can we directly import goods to trading plant and export?
2.can we take credit on exportable goods importing to trading plant?
3.what are the forms and registers need to update?
4.is it allows transfer of aggregates from manufacturing plant to trading plant?
5.Can we procure packing material directly from suppliers, what are the tax impacts?
is the CT-2 FORM applicable ?
Please suggest on these doubts and can any one through some more info regarding trading plant for exports.
regards
SSRAO
My client is commercial vehicle mfg. in India, registered for new TRADING PALNT for their Export operations. Before that they have planed for Export warehouse and due to some limitations(even direct import to export warehouse,subcontracting is not allowed)they have moved to new TRADING PLANT.
Now I would like to know the impact of Excise Transactions.
1.can we directly import goods to trading plant and export?
2.can we take credit on exportable goods importing to trading plant?
3.what are the forms and registers need to update?
4.is it allows transfer of aggregates from manufacturing plant to trading plant?
5.Can we procure packing material directly from suppliers, what are the tax impacts?
is the CT-2 FORM applicable ?
Please suggest on these doubts and can any one through some more info regarding trading plant for exports.
regards
SSRAO
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
- House Property Reporting in ITR
- Refund Annexure-B
- TDS Claim year
- Internship/Academic shown in Salary Pay Slip of a Doctor
- Refund of 20%pre-deposit paid for stay application
- Rent lease agreement
- TDS Challan Code
- Liable to deduct tds and 44ADA
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
