Dear Expert,
We have excise WH(CPD) in karnataka nd Depots in Tamil nadu nd Maharastra.Normally we move the packaged spare parts frm our CPD to all locations on Stock Transfer basis under 4A valuation,but our depots r reg under local VAT/CST acts but not Excise.Apart from these we wil procure parts from locally where our depots nd store the same in depots.My query is if procured and stored in depots can valuate as per packaged commedity act and new pricing and packing for local procured parts or can w clear as such basis??? is it ok, more important v r giving all those parts to our internal team.How can we move those parts.pls advise me
Clarification Sought on Valuation of Spare Parts Moved Between Warehouses; Impact of Packaged Commodity Act Discussed. A user inquired about the valuation and movement of packaged spare parts from their central excise warehouse in Karnataka to depots in Tamil Nadu and Maharashtra. The depots are registered under local VAT/CST but not under excise. The user sought advice on whether locally procured and stored parts can be valued under the Packaged Commodity Act and new pricing or cleared as such, especially since these parts are intended for internal use. A respondent asked if the issue had been resolved and requested further information if it had not. (AI Summary)