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EXPORT PROCEDURES AND BENEFITS

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..... en prescribed under the Central Excise Law. A few important schemes providing benefit for the Exports and the related procedures are as discussed below: 11.1 Rebate of Excise duty paid on the export goods and the materials used in the manufacture of such goods: Where any excisable goods are exported on payment of duty, the duty paid on such export goods and the material used in the manufactu .....

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..... procedures for export under Bond are prescribed in the Notifications issued under Rule 19 read with Chapter 7 of CBEC's Supplementary Instructions. 11.3 Procedures for Export of goods without payment of duty: The exporter intending to avail the facility to export the goods without payment of duty shall furnish a bond in Form B-1 on a non-judicial stamp paper of appropriate value (as applica .....

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..... have not come to adverse notice of the Department in the past 3 years. The goods shall be exported under A.R.E-1 document prepared in quintuplicate (5 copies) within 6 months from the date on which the same were cleared for export from the factory or within the extended period as may be granted by the jurisdictional Asst. /Deputy Commissioner or Maritime Commissioner. 11.4 Refund of Cenvat c .....

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..... clearances, are exempted from filing the export document in ARE-1 and execution of Bond so long they remain within the threshold limit of full exemption. Simplified export procedure is prescribed in Chapter 7 of CBEC's Supplementary Instructions. - Manuals - Ready reckoner - Law and practice - Reference Guide - Quick Commentary Tax Management India - taxmanagementindia - taxmanagement - taxman .....

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