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storage of goods outside factory premises

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Querist : Anonymous

Querist : Anonymous (Querist)

28 June 2011 we are intending to apply to the commissioner for the permission to storage of non-duty paid finished goods(FG)outside factory in a godown. what are various options available to us? is it necessary to bring back the FG to factory before selling to customer? can i clear the goods from godown on payment of duty, but invoice prepared from factory address and not from godown invoice?

U S Sharma

U S Sharma (Expert)
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29 June 2011 AC/DC will examine the matter and give suitable remarks before permission to safeguard the revenue,

CA Amit Joshi

CA Amit Joshi (Expert)
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29 June 2011 Yes you can store the goods outside the premises but only after taking the permission of AC/DC. After the permission you can sell the goods directly from the godown.

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