Menu
Excise return er-1
Dear sir please clarify, we are manufacturing exempted goods and having domestic sales and export, in ER-1 return the export of exempted goods where we have to declare whether we can show under exempted or export?
Replies (2)
Dear Mr. V. Marimuthu,
I suugest you to disclose export of exempted goods against the column "Export" (either under Bond or LUT, as the case may be).
Goods for home consumption are exempted or made ZERO rate, by virtue of some exemption does not mean that Export is also exempted,
refer the Tariff, for your goods with Sub Heading , to ascertain the applicability of LUT/Bond for export
Recent Threads
- Time allowed to buy another asset
- ITR not processed for the FY 2024-25
- Gift of money to my wife.
- Tax Audit If you show Loss
- GST Tax invoice Value Rs..234000
- Can I claim benefit under 54F if I sell my equity
- Income tax refund 25/26
- Who is responsible for paying GST Liability (If th
- Excess Payment on RCM
- AOC4 auto population of previous year data
Related Threads
CAclubindia
