Packing material included under def. of Inputs, Central Excise

[SANDESH SHINDE]

Dear Sir,

Is Packing material included under definition of Inputs Rule 2(k) of Cenvat Credit rules 2002, w.e.f 01.04.2011, if yes then can we export only such packing material without payment of duty to Nepal under LUT, Please explain, Please give any references regarding this,Thanks and regards.

Posts / Replies

[Madhukar N Hiregange]

You may refer to Not42/2001 for procedure for exporting under LUT- bond. Packing material manufactured can be exported under bond.