Export Procedures

[S.C. WADHWA]

Dear Expert,

Business division of a company manufacturer of food items de-merged with
another company of same group manufacturer of food products. Both companies
are in Haryana. Name of de-merged company changed. Now we have to export in the
name of resultant company in the absence of Import-Export registration. For export
goods have to be sent to Delhi for container services.
Now my query is whether we have to sent the stocks through our branch transfer bill
showing name of buyer and consinee name (for stocks transfer) along with export
documents prepared on the name of resultant company. One copy of all documents
will be sent to resultant company for doing transfer and booking export sale entry in
their record. Please give your expert opinion for both items which are having nil rate of
duty and other which are dutiable. Regards, WADHWA

AI Summary

Export documentation: demerged company's lack of import export registration raises stock transfer and export documentation issues for resultant exporter. Business restructuring left the resultant company without Import Export registration; the question is whether physical stocks should be sent to the container facility under a branch transfer bill showing buyer and consignee while export documents are prepared in the resultant company's name, with one copy of documents sent to the resultant company so it can record the transfer and book the export sale - the query applies both to nil duty items and to dutiable items.