Whether trader, purchasing excisible goods locally directly from manufacturer and exporting it to the place outside india, needs to regiter under excise law ???
What is the procedure for claiming duty drawback for such trader ??
Whether trader, purchasing excisible goods locally directly from manufacturer and exporting it to the place outside india, needs to regiter under excise law ???
What is the procedure for claiming duty drawback for such trader ??
Merchant exporter is required to execute a bond so that goods can be cleared by the supplier-manufacturer without payment of duty. The bond can be executed by the merchant-exporter in form B-1. After executed the bond he will obtain certificates in form CT-1 from superintendent of central excise. No need to registered with central excise.
Completely agree with Mr. Arun Kumar Sigh. A trader is not required to register under Central excise unless he is a First stage delaer or Second stage dealer.
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