Query on excise rules

468 views 4 replies

Mukul Pandey

Others

26 Points Joined February 2013

We are manufacturer & exporting our perfumes besides domestic market ! then do we need to pay excise to our vendors to the tune of raw material we are using for Exports ? Can we be exempted from paying this excise & if so what is the procedure ?

1. we are aregistered with excise & submitting ARE

2. we are also claiming drawback !But this is only 2% which is very less.So we are thinking to avail the exemption of excise at vendor level !

Please advise.

Replies (4)

PREM CHAND ROHANDYA

Self Employed

145 Points Joined February 2010

No, you do not need to pay excise duty to your raw material supplier. you can purchase against CT-3 for exemption of excise in purchase, if you consumed r/m to manufacture item which export. for more detailed queries contact at your excise officer/superintendent.

Rakshit

practising

338 Points Joined November 2011

Duty free goods can be procured against CT3 only when you are registered as an 100% EOU. But htis is not the case. Yes, you can procure any raw material which is used in the manufacture of any export goods whether excisable or not, under Notification No. 43/2001, by executing a Bond with your jurisdictional AC/DC

Regards

Raksh*t

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