TaxTMI 
TaxTMI 
Dear Experts,
We are manufacturer of engineering items and wish export to Bhutan. We would like to know about the new procedure and documentation under central excise.
We have received payment from customer in Indian rupee.
Please reply ASAP
Export to bhutan
24 Jul 2014 
2 Replies 
1430 Views Asked by
Export under bond permits duty-free export of capital goods to Bhutan when payment is received in Indian rupee.
Export to Bhutan can be made duty-free by utilizing export under bond applicable to manufacturer-exporters and merchant-exporters. If payment is received in Indian currency, capital goods may be exported from the factory without payment of duty provided the exporter furnishes a prescribed bond to the authorised Central Excise officer and a bank certificate of remittance showing full payment; on verification of export and the remittance certificate the bond-accepting authority discharges the exporter from the bond liabilities. (AI Summary)
Export to Bhutan can be made duty-free by utilizing export under bond applicable to manufacturer-exporters and merchant-exporters. If payment is received in Indian currency, capital goods may be exported from the factory without payment of duty provided the exporter furnishes a prescribed bond to the authorised Central Excise officer and a bank certificate of remittance showing full payment; on verification of export and the remittance certificate the bond-accepting authority discharges the exporter from the bond liabilities. (AI Summary)