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Stock Transfer To Godown Without Payemnt Of Duty

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..... Dear Sir, Is it any rule from factory to godown stock transfer of without payemnt of EXCISE duty and VAT, factory at NAshik and Godown in Pune both in Maharastra State. - Reply By Pradeep Khatri - The Reply = You would have to take permission from the Chief Commissioner of Central Excise in this regards. - Reply By Avinash Bhavsar - The Reply = Dear Sir, Which rule we apply - Reply By .....

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..... Pradeep Khatri - The Reply = Under Rule 4(4) of the CENVAT credit Rules 2002:- (4) Notwithstanding anything contained in sub-rule (1), Commissioner may, in exceptional circumstances having regard to the nature of the goods and shortage of storage space at the premises of the manufacturer where the goods are made, permit a manufacturer to store his goods in any other place outside such premises .....

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..... , without payment of duty subject to such conditions as he may specify. - Reply By Avinash Bhavsar - The Reply = Dear Sir, I mean Final Product transfer to godown from factory without payment of duty. From Godown we remove the material? - Reply By raj kumar shukla - The Reply = this is the same query that has already been replied by me on 26/03/2012 - Reply By Avinash Bhavsar - The Reply = .....

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..... Dear Sir, On 26/03/12 I ask for only godown but now my query is without payemnt of Final Products transfer query is diffence - Reply By raj kumar shukla - The Reply = pl go through my the reply thoroughly.. - Reply By vijay kumar - The Reply = Dear Sir, though Rule 4(4) of Central Excise Rule, 2002 , (and not Cenvat Credit Rule, 2004 as mentioned by Sri Pradeep Khatri) provides f .....

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..... or such permission by the Commissioner, obviously this provision is meant for a place nearby the factory on account of shortage of space/ nature of goods and not different towns altogether falling under different Commissioen rates. The norm under Central Excise law is - pay duty on clearance from factory - be it sale or stock transfer. I have no idea regarding VAT. Regards - Vijay Kumar. - Repl .....

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..... y By Naveed S - The Reply = It shall be very difficult to such a permission from the department as both the places fall under different Excise Commissionerate. It would be appropratie to take a Godown as well as a Dealer's registration licence at Pune and store the goods after stock transferring the said goods and then sell the goods from Pune under dealer registration invoice.. I am not abl .....

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..... e to offer any comments on the VAT aspect. - Stock Transfer To Godown Without Payemnt Of Duty - Query Started By: - Avinash Bhavsar Dated:- 29-3-2012 Central Excise - Got 9 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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