Dear Sir/ Madam,
I have my first export order and I don't get proper response from tax dept people regarding how I can avoid paying excise duty and taxes to manufacturers/ suppliers. I will be buying chemicals from Indian manufacturers/ supplier and send it to African continent.
Please advise how I can avoid the excise duty (12%) and tax (5%) levied by manufacturer or supplier.
Thanks
Ragul
Merchant Exporter Seeks Guidance on Duty-Free Chemical Exports Using Central Excise Registration, Bond, and CT-1 Form A merchant exporter seeks advice on avoiding excise duty and tax on chemicals purchased from Indian manufacturers for export to Africa. Responses suggest obtaining a central excise or service tax registration, executing a bond with the maritime commissioner, and acquiring a CT-1 form from the jurisdictional range. This allows goods to be exported without duty payment. After exporting, the exporter must submit proof of export to the maritime commissioner. Detailed procedures are referenced in specific notifications and chapters of the CBEC manual. (AI Summary)