Excise Duty Payable for Nepal

[Ramesh M]

Dear Experts,

Kindly advice, we received order from Nepal, While we clearing goods to Nepal whether we need to pay excise duty or not.

Ramesh M

[MADAN RAHEJA]

CBEC's circular below will help you. You can either export goods to Nepal without duty under Bond or on payment of duty and claim rebateExports to Nepal now at par with exports to other countries (except Bhutan) - DRP to Nepal withdrawn Circular No. 958/1/2012-CX., dated 13-1-2012F.No. 201/03/2010-CX. 6

 

[MADAN RAHEJA]

Hotch potch in cut and paste job may be ignored

[PAWAN KUMAR]

Dear Sir,

As per my view, export to Nepal can be done without payment of excise duty under bond/LUT and on payment of excise duty under rebate claim procedure. Both the options are available for exporters exporting goods to Nepal.

[KASTURI SETHI]

I am all praise for Sh.Pawan Kumar's crystal clear reply in a few words. Brevity is spice of life.

AI Summary

Export duty treatment for Nepal: exporters may export under bond or LUT duty-free, or pay duty and claim rebate. Exporters shipping goods to Nepal may either remove goods without paying excise duty by executing a bond or furnishing a Letter of Undertaking (LUT), or pay excise duty at clearance and claim the prescribed rebate; exporters must comply with the procedural and documentation requirements applicable to bonds/LUTs and rebate claims.