Export of goods by Merchant exporter
Guest
Dear Sir, Can a merchant exporter export goods under manufacturer bond, if yes please kindly describe the procedure.thanks and regards
Manufacturer bond for merchant exporters permits export subject to prescribed excise manual procedure and compliance required. Merchant exporters are permitted to export goods under a manufacturer bond, and the procedure and conditions to be followed are set out in para 5.4 of Chapter 7 of the Central Board of Excise and Customs excise manual; the exporter must operate under that bond regime and comply with the manual's prescribed requirements for bond execution, documentation and record-keeping. (AI Summary)
TaxTMI
TaxTMI