EXPORT BY OTHER.
This query is : Resolved
25 February 2010
Dear Experts,
Our customer purchase Batteries from us. That batteries are specially for solar lighting. One of Solar Lighting Manufacturing Co. wanted to purchase batteries from us. And they will do export with their Lighting equipments.
Now is there any Rule is there where excise duty and Vat will be exempted?
Kindly inform me.
Thanking you
Ritu
Our customer purchase Batteries from us. That batteries are specially for solar lighting. One of Solar Lighting Manufacturing Co. wanted to purchase batteries from us. And they will do export with their Lighting equipments.
Now is there any Rule is there where excise duty and Vat will be exempted?
Kindly inform me.
Thanking you
Ritu
26 February 2010
No there is no exemption under central excise law except for direct exporter.As far as VAT is concerned it is also the same. Under the Cenvat procedure and similarly under the VAT law u r already getting full benefit of set off.
26 February 2010
Dear Mr. Prabhakar,
I am verymuch thankful for your valuable reply.
I am verymuch thankful for your valuable reply.
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
- DELIVERY GOLD & SILVER AND OTHER ETF TRADING PROFIT AS BUSINESS INCOME
- GSTR-1A How to update Invoice
- Excess salary payment.
- 3cd- cash system of accounting is allowed?
- Provision for loans that are under Revenue Recovery
- APPLICABILITYOF GST ON STUDENT HOSTEL FEES
- Form 121-contradictory opinions
- TDS on Purchase of Immovable Property by NRI from NRI
- Capital gain from sale of house property
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
