Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

export to nepal letter of undertaking required for ssi exempted unit.

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... export to nepal letter of undertaking required for ssi exempted unit.
Query (Issue) Started By: - Anil Jangid Dated:- 7-1-2016 Last Reply Date:- 7-1-2016 Central Excise
Got 2 Replies
Central Excise
My client firm has a turnover less than 1.25 crore so it is not required to get excise registeration. Now they are exporting goods to nepal. What is the require form and procedure in this c .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ase? Shall i have file letter of undertaking in this case? Reply By Rajagopalan Ranganathan: The Reply: Sir, Notification No. 42/2001-CE (NT) dated 26.6.2001 prescribes the conditions and procedures for exporting excisable goods without payment of duty under bond or letter of undertaking. However this notification stipulates in para 1 (iv) that export of excisable goods which are chargeable to .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nil rate of duty or are wholly exempted from payment of duty, other than goods cleared by a hundred per cent export-oriented undertaking, shall not be allowed under this notification. Therefore since you are enjoying the SSI exemption you need not execute a letter of undertaking. However you have to clear the excisable goods for export under form ARE-1 and for the procedure to be followed please .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... refer to above referred Notification. Reply By KASTURI SETHI: The Reply: Just for information for exports to Nepal Exports to Nepal now at par with exports to other countries (except Bhutan) - DRP to Nepal withdrawn Circular No. 958/1/2012-CX., dated 13-1-2012 F.No. 201/03/2010-CX. 6 Government of India Ministry of Finance (Department of Revenue) Central Board of Excise & Customs, New Del .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... hi Subject : Revised Treaty of Trade between India and Nepal.
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates