Require clarification regarding exports


This query is : Open 

14 April 2015 Can Manufacturer exporter clear material as it is under LUT ( UT-1) or needs to executes B1 bond ? please clarify... Also, please clarify whether cevat credit is permissible on such bought out items ? wating for your replay..

14 April 2015 Manufacturer exporter can clear the material under LUT as well as under claim of rebate on the cover of ARE - 1

Yes, CENVAT credit is available on raw materials and bought out items.


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