Export to Nepal

This query is : Resolved

Indudhar (Querist)
Follow

03 May 2009 A firm is registered under Karnataka VAT Act dealing with polished granite tiles, Now they want to export their product to Nepal. What procedure is to be followed;

1) What documents should be accompanied while transporting the same?

2) Whether export licence is necessary for such transcation?

3) What documents(viz H-Form, Bill of Lading etc) should be procured to declare it as an export?

4) Whether the same can be sold at local rate of tax @ 12.5%

Please help me out. Thanx in advance..

CA Avinash Haldia

CA Avinash Haldia (Expert)
Follow

03 May 2009 1. Normal documents are required alongwith the consignment exported to Nepal. Bill of Lading will be filed at border checkpost which will be a proof of export.
2. Importer Exporter code is required.
3. No need to charge VAT or CST for goods exported to Nepal.
4. Export license is generally not required but for goods specified by the GOI.

Message likes : 1 times

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Deepak Nayak

Jagdeep Kaur

zafar chandwale

Nithish Kothari

Akhilesh Chandra

Subscribe Now

Export to Nepal

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA