I e code - excise - vat - exemption

Dear Expert,

I am from Chennai and about to start a export business (Merchant Exporter) shortly.  In this connection I have some queries regarding Excise & VAT.

1. Should I register under Central Excise in order to get exemption since my products are manufacturing items.

2. Should I register under TN VAT in order to get VAT exemption.

3. Else is there is any other way to get exemption from Excise & VAT if not under registered.

 

If so, please give me procedures to do so.

Best Regards,

Abu Umar - Chennai

 

 

Replies (1)

Dear Abu Umar,

if you have to start bussiness as merchant exporter, you have to get following certificates :-

1) IEC from DGFT;

2) RCMC from Export Promotion Council;

3) Bond B-1 to executed with the Maritime commissioner / jurisdictional excise commissioner if empowered, to get excise duty exemption. on the Basis of Bond B-1, Form CT-1 wil be issued for procurement of indigenous material for export;

4) Sales tax registration under VAT and CST Act to avail sales tax exemption

Bond B-1 is not required in case of manufacturer exporters. UT-1 is to be given to excise dept..

Thanks

Ramesh

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 19 August 2026
Chartered Accountant

apricus india

Pune

CA

View Details
Company
27 August 2026
ACCOUNTANT

CHARUPREETI & CO

Noida

Graduate (Any)

View Details
Company
ARTICLESHIP 17 August 2026
Article Assistant

K R Kiran Kumar & Associates

Bengaluru

CA Inter

View Details
Company
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER

Anupam Parashar & Co.

Ghaziabad

CA Final

View Details
Company
09 September 2026
Chartered Accountant

Aviv Global Private Limited

Ahmedabad

CA

View Details
Company
29 August 2026
Chartered Accountant

Velionit Consulting PVT LTd

Mumbai

CA

View Details
Company
ARTICLESHIP 26 August 2026
Article Assistant

ANIVESH CONSULTANTS LLP

Gurgaon

CA Inter

View Details
Company
Featured 12 September 2026
Assistant Manager - Finance & Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details