home consumption

what does it mean..that "goods cleared for home consumption"???
i am not getting it anywhere in my mind...can any one explain me plzzz??
Replies (7)

Goods used by self........ not available for further sale, unless its imported..........

At the time of import of goods you have 2 option :

1. Whether to take off goods to your workplace or        ( This is called Goods Cleared for Home Consumption )

2. Store it with Custom Warehouse

in home consumption....doet it mean that goods are not be sold further???...or goods may be sold???...or used by self??...please i want a little more explanation😢😢
Originally posted by : Phalguni Khilar
in home consumption....doet it mean that goods are not be sold further???...or goods may be sold???...or used by self??...please i want a little more explanation😢😢

It depends upon the Importer that what he does after goods clearing for Home Consumption.

It does not bother to Custom Authority.

When goods are cleared from the custom station, they CEASE to be imported goods for the purpose of CUSTOM ACT.



 

ohhhhh😀😀😀😀😀.thank u so much sir...now am totally clear about it....thank u sir ...
Originally posted by : Phalguni Khilar
ohhhhh😀😀😀😀😀.thank u so much sir...now am totally clear about it....thank u sir ...

Welcome smiley

Good replies....

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