Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Whether ED payable on FG meant for Exports missed during transit?

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Dear Sir, During transit from our factory to the Courier through an auto, 1 box of FG (meant for Export with all proper documents like Export Invoice, ARE-1 etc., ) has been missed out of 9 boxes .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... and the export has been held for a while on a particular day. Later on, the exports on the next day with the same Export invoice and ARE-1 documents. We have tried to find the missed 1 box in bet .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ween and could not traceable. What are the implications involved in respect of the Central Excise VAT/CST. 1. Whether ED is payable on the goods found to be missing or Cenvat credit taken in r .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... espect of the FG has to be reversed? 2. whether any information to be given to the Range officer in this regard? Kindly give your views / opinion in this issue. Thanks in advance and regard, R .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... .Muthuraj - Reply By Pradeep Khatri - The Reply = Intimation for short shipment to customs authorities and Central Excise Department must be given. Excise Duty will be payable and no export promot .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ion scheme's benefit will be allowable to you. VAT/CST will be payable at applicable rate. - Whether ED payable on FG meant for Exports missed during transit? - Query Started By: - Muthuraj MUTHUR .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... AJ Dated:- 26-4-2013 Central Excise - Got 1 Reply - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxma .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates