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Excise duty

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Ritesh Kumar

Asst Mgr.

25 Points Posted on 21 May 2012

Dear Everybody.

Can you help me on below point:-

We are a trading company and we are purchasing material from interstate for Export only how can we get the exemption of Excise Duty i.e.12.36% using CT- Form and ARE-1 from. and how can we used.

Please advise urgently.

Thanks in Advance

Replies (3)

Giridhar S Karandikar

Team Lead

5675 Points Posted on 21 May 2012

I dont think that ED would be applicable for a assessee carrying on trading business as ED is applicable only to assesses carrying on only manufacturing business on whihc ED is chargeable.

Giridhar S Karandikar

Team Lead

5675 Points Posted on 21 May 2012

I dont think that ED would be applicable for a assessee carrying on trading business as ED is applicable only to assesses carrying on only manufacturing business on whihc ED is chargeable.

Sunil Kumar G

AGM Taxation

446 Points Posted on 25 May 2012

You can procure material without payment of duty for export purpose under CT-1. For that purpose you should provide B-1 Bond with Central Exicise range office. After execution of Bond, department will issue CT-1, on that basis you can buy material for export without payment of duty. After export proof of should be submitted to range superintend.