Export to Nepal

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..... Dear Sir, We want to export to Nepal. Please advise : 1. Can we make Invoice in INR as we received payment in INR 2. Is there any specific format for Invoice 3. As Consignment move through Trucks (By Road), Where Custom Clearance formalities were done and who will send back ARE1 duly endorsed by custom. With regards Narendra Arora - Reply By Kiran Hegde - The Reply = Revise .....

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..... d Treaty of Trade between the Government of India and Government of Nepal which came into force in Jan 2012 has put exports to Nepal at par with exports to other countries (except Bhutan) ref Circular No 958/1/2012-CX dated 13th January'12. In this regard, Central Excise Notifications were released with effect from March 1, 2012. With the above reference: 1. You can export to Nepal and rec .....

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..... eive proceeds in INR. However, by following this route you may miss out on export incentives if any eligible for your export product (FPS, VKGUY, etc) 2. The requirement of Nepal Invoice has been made redundant with the issuance of above Circular. Hence, there is no specific format for Invoice. 3. The ARE-1 will be endorsed by the Land Customs Station located in the border and copies will b .....

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..... e handed over to the transporter. You may intimate your customer in Nepal to send the same to you upon receipt from transporter. Hope the above information is useful. Regards, Kiran Hegde - Export to Nepal - Query Started By: - narendra arora Dated:- 6-9-2013 Customs - Import - Export - Customs - SEZ - Got 1 Reply - Customs - Discussion Forum - Knowledge Sharing, reply post by an expert, .....

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..... personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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