We are structural steel fabricators, and we got order from a multinational company for fabrication job. the company providing steel to us on free of cost basis with our consignee name. we are taking credit of the raw steel and we are billing to multinational company with excise duty, but consignee is different. Our billing rate includes raw steel cost and our fabrication charges. the multinational company executing their same job with different fabricators also. Some times they are instructing us to divert the steel to some other fabricators under as such removal invoicing.
My question is can we divert the steel under as such removal to other fabricators with consignee and buyer is multinational company. Please explain the procedure and liabilites to us.
CAclubindia
