Free Issue Supply of Import Goods Directly from Port

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..... Free Issue Supply of Import Goods Directly from Port
Query (Issue) Started By: - BHEL . Dated:- 22-5-2014 Last Reply Date:- 22-5-2014 Customs - Exim - SEZ
Got 1 Reply
Customs
Sir/Madame, We have cleared goods from the Customs under the Project Import and want to FREE ISSUE the material to the vendor for the job work.After the completion of work at the vendor's factory the materia .....

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..... l will be directly dispatched to the site. Kindly help me with following queries: 1) As the goods are cleared under Project Import, so do I need any documentation from the Customs for dispatching the material to the Vendor as Free Issue for the Job Work? 2)Documentation I will have to carry out with Excise Authorities for the Job Work. Thanks in advance. Reply By Pradeep Khatri: The Reply: D .....

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..... ear Sir/Ma'am, You would have to inform to the concerned State VAT Authority (if you are not registered under State VAT Laws), Customs Authority well in advance that goods imported under Project Import needs job-work. Central Excise Department should also be intimated. You may use job-work challan for this purpose. After getting the goods job-worked you would have to provide information to th .....

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..... e Customs Department for its' reconciliation. If required kindly obtain necessary permissions in advance to avoid any unwarranted situation which may occur in near future. Regards, Team YAGAY & SUN (Management and Indirect Tax Consultants) Twitter at the rate of yagaysun Mobile 9818131923
Discussion Forum - Knowledge Sharing .....

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