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Where show nepal export in er 1 through lut

Amit Prakash Singh (Accountant) (295 Points)

01 September 2012

Dear All Experts

Where we (in which coloumn and how ) Show nepal export without payment of duty through letter of undertaking in ER-1 return and plz also mention notification number.

Pleaes Advise

Thanks & Regards,

Amit Singh

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11 Replies

U S Sharma (glidor@gmail.com) (21056 Points)
Replied 01 September 2012

Export under bond

Amit Prakash Singh (Accountant) (295 Points)
Replied 03 September 2012

Dear Sir

We have done export through letter of undertaking not export under bond and is it necessary to show assable value and excise value in return of this export.

Please advise

Thanks & Regards.

Amit singh

Sunil Kumar G (AGM Taxation) (373 Points)
Replied 03 September 2012

Export to Nepal should be treated as par with export to Other countries.

U S Sharma (glidor@gmail.com) (21056 Points)
Replied 03 September 2012

Type Of Clearance* "Export/LUT"

assessable value is mandatory for all clearance,

excise is not payable under LUT, or bond

Amit Prakash Singh (Accountant) (295 Points)
Replied 06 September 2012

Dear sir is we have to mention Notification no on ER 1, if yes then please give notification no .

U S Sharma (glidor@gmail.com) (21056 Points)
Replied 06 September 2012

42/2001-CE(NT) dated 26.6.2001

1 Like

Amit Prakash Singh (Accountant) (295 Points)
Replied 08 September 2012

Dear Sir

Please rply

Amit Singh

Amit Prakash Singh (Accountant) (295 Points)
Replied 08 September 2012

Dear Sir

During file return we have problem when i will mention Export/Lut of nepal export it ask Notification number when i had write it ,It again ask for " NT Notification Serial number" .Please rply what is notification serial number our CETSH -87089900. Can we use NT notification aviled no 26/2011 dated 5.12.2011& what will be NT Notification serial number.

Please advise on both point .

Thanks & Regards

Amit Singh

U S Sharma (glidor@gmail.com) (21056 Points)
Replied 08 September 2012

NT Notification availed 042/2001 CE(NT)

NT Notification Sl No 02

1 Like

Amit Prakash Singh (Accountant) (295 Points)
Replied 08 September 2012

Dear Sir

Can we use NT notification aviled no 26/2011 dated 5.12.2011& what will be NT Notification serial number.

Amit Singh

U S Sharma (glidor@gmail.com) (21056 Points)
Replied 08 September 2012

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(DEPARTMENT OF REVENUE)

Notification No. 26 / 2011-Central Excise (N.T.)

New Delhi, the 5th December, 2011

G.S.R. (E).- In exercise of the powers conferred by sub-rule (3) of rule 19 of the Central Excise Rules, 2002, the Central Board of Excise and Customs hereby makes the following further amendment in the Ministry of Finance, Department of Revenue, notification No. 42/2001-Central Excise (N.T.), dated the 26th June, 2001, namely: -

In the said notification, in the opening paragraph, for the words “except to Nepal and Bhutan”, the words “except Bhutan” shall be substituted.

2. This notification shall come into force on 1^st March, 2012.

[F.No.201/03/2010-CX.6]

(V.P. Singh)

Under Secretary to the Government of India

Note.- The principal notification number 42/2001-Central Excise (N.T.), dated the 26th June, 2001, published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section (i), vide G.S.R. 471 (E), dated the 26th June, 2001, and was last amended vide notification No. 24 /2010-Central Excise (N.T.) dated 26th May, 2010 which was published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section (i), vide G.S.R. 499(E)., dated the 26^th May, 2010.

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26/2011 CE(NT) is just a corringdom notitification to principal notification no 042/2001 CE(NT)