I am a Merchant Exporter. i am not registered under Central excise. I have received an Export Order for Exciseable goods in which the Buyer wishes to conduct Monetary deals with me. I want to source the goods from a manufacturer and have it stuffed at his factory and give his name on the Shipping Bill as Manufacturer Exporter, while paying him in local Currency.
In such case:
1. Do I need to give CT 1 & ARE form for removal of goods (even though it is being stuffed at his factory and his name is mentioned on the Shipping Bill as Manufacturer Exporter).
2. Am I entitled to get the Drawback & Incentives under MEIS as being the Merchant Exporter and beneficiary of Foreign Remittance against exports.
Merchant Exporter Must Use CT-1 and ARE-1 Forms for Excisable Goods; Eligible for MEIS Benefits A merchant exporter inquires about the requirements for exporting excisable goods without being registered under Central Excise. The exporter plans to source goods from a manufacturer and list the manufacturer as the exporter on the shipping bill while conducting monetary transactions in local currency. The questions posed are whether CT-1 and ARE-1 forms are needed for goods removal and if the exporter is eligible for drawbacks and incentives under the Merchandise Exports from India Scheme (MEIS). The response clarifies that the merchant exporter must provide CT-1 and ARE-1 forms and is eligible for export benefits despite the manufacturer's name appearing on shipping documents. (AI Summary)
TaxTMI 
TaxTMI 
