Trading excisable goods to be cleared u/r ct-3 or not
This query is : Resolved
04 September 2012
Sir,
we are registered with central excise as dealer for trading of goods, we have also some imported materials for trading purpose for our domestic buyers
one of EOU buyer wish to procure our excisable imported pouches u/r CT-3 without payment of duty.
we as a dealer can clear our excisable imported pouch u/r CT-3 or not , if it can not be removed pl.show us specific Reason
waiting for your early guidance & reply
regds
Vinay Karnik
Amedabad
we are registered with central excise as dealer for trading of goods, we have also some imported materials for trading purpose for our domestic buyers
one of EOU buyer wish to procure our excisable imported pouches u/r CT-3 without payment of duty.
we as a dealer can clear our excisable imported pouch u/r CT-3 or not , if it can not be removed pl.show us specific Reason
waiting for your early guidance & reply
regds
Vinay Karnik
Amedabad
U S Sharma
(Expert)
06 September 2012
you are neither manufacturer nor the payee for the duty,
duty was charged by customs at the time of import, and if you dont pass the duty ( which can be taken back by the EOU as rebate) then it would be lapsed on such clearance.
CT-1/CT-3 is applicable before payment of duty, and not on clearance of duty paid goods.
duty was charged by customs at the time of import, and if you dont pass the duty ( which can be taken back by the EOU as rebate) then it would be lapsed on such clearance.
CT-1/CT-3 is applicable before payment of duty, and not on clearance of duty paid goods.
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