Sale of Bonded Foods
This query is : Resolved
16 October 2009
If we have imported a capital goods in bonded weare house & use in production for 10 year. at prasent the company have no business due to that company surrendr the STPI licence with authorty & all the goods are debounded from coustem,
in this situation please advice on below mention point
1. we can sale the debonded goods in open market.
2. if yes what the proceduer. if no.
3. how can dispose the goods.
in this situation please advice on below mention point
1. we can sale the debonded goods in open market.
2. if yes what the proceduer. if no.
3. how can dispose the goods.
03 November 2009
Imported Capital Goods can be re-exported from such units with the permission of the AC.You can also sale the same capital goods to any unit of stpi without payment of duty, Such materials can also be cleared into DTA on payment of duty with the permission of Development Commissioner and the AC.
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
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- TDS on Purchase of Immovable Property by NRI from NRI
- Capital gain from sale of house property
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- SFT Cash Deposit in Current Account
- FORM 26A APPLICABILITY
- Regarding TDS Applicability For Director Remuneration
- Value of property in capital gain
- Transporter Declaration form
- Multiple trade mark
- LC charges in relation to Asset purchased should be Capitalised ?
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- 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
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
