Dear Sir,
We are manufacturer of Electrical switch, Socket, Board and parts thereof .
We sale the intermediate parts to our inter unit which is situated in Haridwar they process these intermediate parts into FG and than sale to market.
My question is can we sale the same intermediate items to Out of India as a Export Under LUT with out payment of Duty.
Regards
Swapneswar
Exporting Excisable Parts Allowed Under LUT; Record Transactions for Compliance and Possible Duty Rebate A manufacturer of electrical components inquired about exporting intermediate parts without paying duty under a Letter of Undertaking (LUT). Several responses confirmed that exporting these excisable intermediate goods is permissible under LUT or with duty payment and rebate claim. The manufacturer was advised to record such transactions in excise records. The discussion concluded with the manufacturer expressing gratitude for the guidance received. (AI Summary)