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TMI BlogConsingee: China, Buyer: IndiaX X X X Extracts X X X X X X X X Extracts X X X X ..... Consingee: China, Buyer: India X X X X Extracts X X X X X X X X Extracts X X X X ..... bill as amount is only approx. 10000/-, can we book sale in our books without shipping bill. Reply By Pradeep Khatri: The Reply: Dear Abhay, By adopting CT-1 and Form H, procedure you may send goods on behalf of your buyer to china. Further, it is mandatory to adhere with the compliance as mentioned in the Central Excise Laws, Customs Act, FTP 2009-2014 and VAT/CST Laws. In our opinion S/B, A ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... WB as the case may be are mandatory, though free S/B etc can be filed without availing any export promotion schemes benefits. Regards, YAGAY and SUN (Management and Indirect Tax Consultants) Reply By abhay pandey: The Reply: Dear Pradeep Thanks for clarification ARE-1 is required or not and if required who will made CT-1 provider or CT-1 receiver. Reply By Pradeep Khatri: The Reply: Dear ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Abhay, There is a specific procedure for getting the CT-1 from the C.E. Department. Your India customer will file a bond with surety or security (if Indian customer has the RCMC, then there is no need to submit or file the surety or security). CT-1 would be issued by the Department to your Indian Customer and in turn Indian Customer would send it to you along with duly signed Blank ARE-1. You wil ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... l fill the ARE-1 and it should be duly signed. On the basis of Excise Invoice, ARE-1, you will remove the goods to Indian Customer or on his behalf send to the port for export. The Indian Customer will provide all other document such as Commercial Invoice, Packing List, S/B, Bill of Lading etc. Regards YAGAY and SUN (Management and Indirect Tax Consultants) Reply By abhay pandey: The Reply: T ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hanks Please advise on below matters also: ARE-1 No. will be mentioned by us or by Indian customer. ARE-1 will be submitted to Excise Dept. as proof of Export by us or Indian Customer. VAT/CST will be NIL against Form H Reply By Pradeep Khatri: The Reply: Dear Abhay, We are submitting replies to your queries. Please go through the same. ARE-1 No. will be mentioned by us or by Indian custom ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... er. By Indian Customer as he is providing you the duly signed his ARE-1. ARE-1 will be submitted to Excise Dept. as proof of Export by us or Indian Customer. By Indian Customer, as it is executing the bond before jurisdictional AC/DC/Commissioner of Central Excise. However, after submitting the proof of export a complete set of photocopies the Proof of Export would be sent to you, for your fut ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ure references. VAT/CST will be NIL against Form H Indian customer will provide you the Form H within one month from the date of let export order. CST would not be chargeable by you while selling the goods. Regards YAGAY and SUN Reply By abhay pandey: The Reply: Thanks for clarification Please advise that Form H is issued on quarterly basis or Monthly basis, if quarterly how indian customer ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... will provide Form H within one month. Please also advise that as there is time limit of 6 month for submit the proof of export in case of direct export. The same time limit will be not applicable in case of export through Merchant Exporter. Reply By abhay pandey: The Reply: Please provide your views dear Reply By Pradeep Khatri: The Reply: Dear Abhay, Please refer Rule 12 (10) (a), (Declara ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tion and certificates. Manner of issue, maintenance of account and other allied matters) of The Central Sales Tax (Registration and Turnover) Rules, 1957 in this regard. There is no mention in this Rule that Form H is required to be issued by buyer and required to be furnished to the prescribed authority within three months after the end of the period, to which the declaration or the certificate ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... relates. Rule 12 (10) (a) The declaration referred to in sub-section (4) of section 5 shall be in Form H and shall be furnished to the prescribed authority up to the time of assessment by the first assessing authority. Further, proof of export is required to be submitted by a person who executes the bond within 180 days from the date of ARE-1. We hope that this will cater you need. Regards, Y ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... AGAY and SUN
(Management and Indirect Tax Consultants) X X X X Extracts X X X X X X X X Extracts X X X X
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