Dears
We are a Trader and Exporter having IEC. We are availing the DEPB benefits and other scriptttts like VKGUY, FMS etc. against our export of RAW COTTON. We are not registered with Central Excise because the product is non excisable.
Further, we are importing Sodium percarbonate (2836.99.10) by using the benefit scriptttts against the import duties and selling the same in local market by the VAT / CST invoices.
My question is whether we require excise registration for the sale India & do we have to follow any CENVAT rules? Any excise duties are applicable ?
CAclubindia
