Avoiding Excise Duty
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 November 2010
We like to be act as a Merchant Exporter.
Got some export orders from South Africa. The goods (machinery - manufactures) are supplying to us with Excise Duty. How can we save the Excise Duty at the time of purchasing goods. We already have IE CODE. Needed any special permission / licence required for exporting goods(Machineries) from Customs Authories.
Valuable advice in this regard is highly
apreciated.
Got some export orders from South Africa. The goods (machinery - manufactures) are supplying to us with Excise Duty. How can we save the Excise Duty at the time of purchasing goods. We already have IE CODE. Needed any special permission / licence required for exporting goods(Machineries) from Customs Authories.
Valuable advice in this regard is highly
apreciated.
18 November 2010
The clearance documents of your supplier shall be marked ‘Export through merchant exporter’ and the merchant exporter’s export - import Code number should also be mentioned.
The exempted units are required to maintain simple account of production and clearance and they shall file a quarterly statement to the jurisdictional Range Superintendent and also submit proof of export.
The exempted units are required to maintain simple account of production and clearance and they shall file a quarterly statement to the jurisdictional Range Superintendent and also submit proof of export.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Taxable or Tax exempt
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- TDS Deducted AY-2013-14 Not Reflected in 26as
- ADVANCE PAYMENT OF ADVOCATE
- NRI starting business in India
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Eway bill not cancelled within 24 hous what can be due
- GST rate and HSN code for sale of racing horses
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
