Warehousing of Trading Goods

[A Wilson]

Dear Experts,

Pls give your valuable inputs on the following:

ABC Ltd, located in Gujarat, an Importer(Dealer registered under central excise) imports goods(Chemicals) from foreign country through Chennai Port. ABC Ltd cleared the goods from the chennai Port by paying the appropriate duty. 

Due to inadequate storage space in ABC Ltd- warehouse(Gujarat), ABC Ltd approach XYZ Ltd(a Logistics & Warehousing company) to store the goods in their ware house located in chennai and wants to make sales(Billing) from Gujrat premises whenever order received from the customers(Karnataka State)

Is it permissible under central excise and sales tax?

If permissible, What are the documentations to be carried while sales?

Thanks & Regards,

A.Wilson

AI Summary

Importer Faces Compliance Hurdles: Needs TNVAT Act 2005, Central Excise Act 1944 Registration for Chemical Storage and Sale ABC Ltd, an importer in Gujarat, imports chemicals through Chennai Port and seeks to store them with XYZ Ltd, a logistics company in Chennai, due to limited warehouse space. ABC Ltd plans to sell the goods from its Gujarat premises to customers in Karnataka. An expert advises that since ABC Ltd is not registered under Central Excise or VAT/CST in Tamil Nadu, it cannot invoice from Gujarat while moving goods from Chennai. Specific permissions or registrations under the TNVAT Act, 2005, and Central Excise Act, 1944, are required for such transactions.