Duty Free..??, Central Excise

[Chintan Shah]

Dear All,

we import raw material under advance licence (Duty Free), this material we transfer to our another branch...

now let me know... is there any duty charged on transfer of this material to our another branch....???

Posts / Replies

[Pradeep Khatri]

You can't transfer the material which was procured against Advance Authorization for One Unit to Another Unit.  It is an offence.  Duty, Interest and penalty would be paid by you.  Further, DGFT can put your organization in the DEL Category and deny to issue Licences in the future.