Sale of Ex. goods w/o taken in to godown

[V K]

Dear Sir

we are having Dealer Ex Registration & IEC CODE in Delhi. Now we want to import some Equipment .Material will be coming at Mumbai Port..  we want to make the custom  clearance at Mumbai Port , as our buyer is also in mumbai.

Query is : as we have to pass on the CVD also to our buyer, can we raise the Ex bill w/o taking the material in our delhi godown ? is this is ok with the Excise rules?? Else the custom clearance will be at Mumbai Port & the material will come to delhi by road , we will make the RG23 Entry & after this we will raise the Excise bill & the material will again move to Mumbai ( to our buyer ) on our excise bill.( it will be costly as well as the time taking process )

 

pls guide.............

Regards

VIKAS KAPOOR

[email protected] 

AI Summary

Dealer Queries Import via Mumbai Port; Exploring High Sea Sales, VAT Registration, and CVD Transfer Options A dealer in Delhi with an Ex Registration and IEC CODE is inquiring about importing equipment through Mumbai Port and passing on the CVD to a buyer in Mumbai without storing the goods in their Delhi godown. Three responses suggest solutions: conducting a high sea sale to transfer rights to the buyer before customs clearance, which avoids local taxes and duties, or bringing the goods to the registered premises to issue an excise invoice. Additionally, the dealer cannot sell in Maharashtra without VAT registration and must consider high sea sales before the consignment arrives at the port.