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 | |||||||
TaxTMI
TaxTMI