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IMPORTER SELLING GOODS

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..... DEAR SIR, IF ANY IMPORTER REGISTERED UNDER EXCISE AS A IMPORTER FOR IMPORTED GOODS AND DEALER FOR LOCAL GOODS , BUT IF THE IMPORTER IS NOT ISSUING EXCISE INVOICES FOR PASSING CENVA CREDIT THEN CAN HE MAKE CLEARANCE UNDER DEALER REGISTRATION FOR THE INVOICES IN WHICH CENVAT CREDIT IS NOT PASS ON, PLEASE EXPLAIN,PLEASE GIVE US ANY REFERENCE REGARDING THIS, THANKS and REGARDS. - Reply By SANDESH SH .....

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..... INDE - The Reply = Dear Sir, Pls send your opinion on the above query, urgent required - Reply By Rajagopalan Ranganathan - The Reply = Sir, An importer has to register himself only with DGFT for obtaining Importer-Exporter Code. He need not have to register with Central Excise Department. Previously he can sell the imported goods under his invoice . This invoice was recognized as a valid docu .....

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..... ment on the basis of which cenvat credit can be availed. Now Rule 9 (8) CENVAT Credit Rules, 2004 has been amended by inserting the words or a registered importer in the said rule after the words second stage dealer by Notification No.09/2014-CE (NT) dated 28.02.2014 . This amendment is effective from 01.04.2014. Now an importer has to register himself with Central Excise Department as .....

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..... first stage dealer, file quarterly return and has to maintain credit account regarding CVD and SAD paid on the imported goods and details regarding passing of such credit to his customer. This procedure is in force from 04.04.2014. - IMPORTER SELLING GOODS - Query Started By: - SANDESH SHINDE Dated:- 18-7-2014 Central Excise - Got 2 Replies - Central Excise - Discussion Forum - Knowledge Sha .....

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..... ring, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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