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Export to Nepal

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This query is : Resolved

Indudhar (Querist)

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)

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.

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