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.