Procedure for import without payment of duty for export

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G S Pradeep (Querist)
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21 January 2013 Dea All,

Can you please provide me the details for import of goods(raw materials) with out payment of duty for manufacture and re-export.

Is CT1 bond is required??

Please explain the procedure.

Thanks in advance.

Regards

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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23 January 2013 Export to all countries except Nepal and Bhutan

Procedures and conditions for export to all countries except Nepal and Bhutan are specified in notification No. 42/2001-CE(N.T.)dated 26.6.2001. The details are mentioned in this part. Conditions

An exporter shall furnish bond in Form B-1 and obtain certificate in Form CT-1. A manufacturer-exporter may furnish annual Letter of Undertaking (no CT-1 is required in this case). The export shall be subject to the following conditions"

The goods shall be exported within six months from the date on which these were cleared for export from the factory of the production or the manufacture or warehouse or other approved premises within such extended period as the Deputy/Assistant Commissioner of Central Excise or Maritime Commissioner may in any particular case allow;

When the export is from a place other than registered factory or warehouse, the excisable goods are in original packed condition and identifiable as to their origin;

The exports of mineral oil products falling under Chapter 27 of the First Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) as stores for consumption on board of an aircraft on foreign run shall be subject to conditions and limitations, to be applied mutatis mutandis, as notified in the Notification No.40/2001-Central Excise (N.T.) dated 26th June, 2001 issued under rule 18 of the said Rules.

FOR MORE INFO:

https://centralexcisechennai.gov.in/chennai2/tn-47/NOTFN-42%28NT%29.htm

G S Pradeep

G S Pradeep (Querist)
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26 January 2013 Dear Mr.Ramesh,

Thank for your valuable reply.

I need in detail procedure of import of raw materials with out payment of duty.

Thanks in advance.

Regards
Pradeep

G S Pradeep

G S Pradeep (Querist)
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26 January 2013 Dear Mr.Ramesh,

Thanks for your valuable reply.

I need in detail procedure of import of raw materials without payment of duty.

Regards
Pradeep

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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04 February 2013 must read:

FOREIGN TRADE POLICY 2009-14AND HBPL VOL-1 (2009-2014)and

MUST READ:

https://business.gov.in/starting_business/payback_loans.php

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