We are manufacturer & exporting our perfumes besides domestic market ! then do we need to pay excise to our vendors to the tune of raw material we are using for Exports ? Can we be exempted from paying this excise & if so what is the procedure ?
Mukul Pandey (Others) (26 Points)
07 February 2013
We are manufacturer & exporting our perfumes besides domestic market ! then do we need to pay excise to our vendors to the tune of raw material we are using for Exports ? Can we be exempted from paying this excise & if so what is the procedure ?
PREM CHAND ROHANDYA
(Self Employed)
(145 Points)
Replied 07 February 2013
Rakshit
(practising)
(338 Points)
Replied 08 February 2013
Duty free goods can be procured against CT3 only when you are registered as an 100% EOU. But htis is not the case. Yes, you can procure any raw material which is used in the manufacture of any export goods whether excisable or not, under Notification No. 43/2001, by executing a Bond with your jurisdictional AC/DC
Regards
Raksh*t
9810525780
Mukul Pandey
(Others)
(26 Points)
Replied 11 February 2013
Mr Prem Chand is saying that CT3 needs to be used while Mr Raksh*t says CT3 is only for 100% EOU which we are not ! so what is correct ????
Mr Raksh*t are u talking about Form 45 & then filing of ARE2 ???
Can we not pay excise at all & still claim Drawback or only one thing at a time ???
Rakshit
(practising)
(338 Points)
Replied 11 February 2013
Yes. U r right. About drawback, pl. check Drawback Schedule
RAKSHIT
9810525780