banner_ad

Deemed export querry

EXICSE (Legacy) 1412 views 3 replies

One non - SSI company had sold excisable goods to mumbai party which will export the goods to africa i.e.,, deemed export (Under H Form) under rule 19 of cenral excise.

Mumbai party had send us Annexure III Form CT 1 and paid provisional debit of duty amount in Bond Account.

Now, my question is 1. In the invoice company send to mumbai company have to write excise amount or not ?

2. What procedure company had to do like ARE - 1 form and what else procedure/documents company have to submit in excise.

3. Company have to pay duty ?? any claim of rebate is to be done ? if then when ?

 

Experts Please reply....its urgent.

Replies (3)

1. Excise duty will not be mention in the invoice if cleared the goods under bond. 

2. Export is through merchant exporter, ARE-1 for should be signed both by manufactuerer as well as merchant exporter. If gooods are exported under bond of merchant exporter, only he will be liable for action. 

3. Under rule 19 of central excise rules 2002 you can export the goods without payment of duty under bond /LUT.

THNX FOR RPLYING SIR..........

I have a similar problem. The client is selling the goods manufactured by it to its sister concern which is then exporting the same, the only document I have is ARE-1 made by the client, unsigned. What other procedures should I check to make sure that client is compliant with the laws?


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details