Dear Every one,
Please clearify, what is the difference between export to other countries and export to nepal, charging duty on nepal invoice is mendatory or not?
Sanjay Marwadi
(Account Officer)
(24 Points)
Replied 14 September 2014
Nepal Export is not mandatory for Excise & Vat Exempt against Under UT -1 Bond Central Excise & Custom serivce tax Any Divison made Certificate such as removal under ARE-1 Paper Must Requried further document i.e Duplicate transporter original copy ,DC ,Packing List,ARE-1 Papers
Warm Regards
sanjay marwadi
HS Negi
(Assistant Manager - Indirect Tax)
(73 Points)
Replied 18 September 2014
Dear Satveer,
Now a days no need to prepare Napal Export Invoice. Please treat Normal export to Nepal as to other country. All formalities to be followed.
Mr. Sanjay is correct. Only in case of Bhutan Export , duty to be paid , other than Bhutan no need to pay duty , use the LUT.
regds.
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
