Urgent query

1. You will pay the duty on input imported for the purpose of export of project and after export the project you can apply for refund. 

2. CST will not be applicable if goods will be removed under CT-1 for the purpose of export. 

3. Only IEC is mandatory for export. 

Thank you so much for your reply.

Just wanted to clarify 2nd point, what I have come to know is that We can get the set off against Excise only when the Raw Material has been taken from Domestic Market by paying VAT, so that CENVAT Credit would have been availed. If we are using Imported Raw Material, we will not get any set off for Excise.

Which is contradicting your point of non applicability of CST, if CT-1 is being given.

Please clarify.

in case of sale during the course of export, is exempted from CST. and it can be cleared under FORM H. this is for CT-1

Dear Richa,

A.K.Singh sir explains clearly, again you asking 2nd question is confilicting STATE/Central taxes clubbing.

On imports you will be eligible to take Cenvat Credit of CVD & SAD(ADI) only against to set off domestic Excise liability only.

If you purchase any domestic items with VAT, then you will able to avail eligible VAT items under VAT/CST payable setoff only ? not for Excise liability.

On 3rd party Exports(CT-1) there is no question of Excise/CST/VAT liability.

pl note that CST paid amount will not be eligible to take Input Tax Credit .