EXPORT TO BHUTAN PROCEDURE
Dear Expert,
| We are going to export our Excisable food products to BHUTAN. | | | |
| My query is whether export to BHUTAN comes under free trade and clearances are to be |
| made after paying excise duty or under bond ect.. Please give your expert opinion immediately. |
| | | | | | | | |
| REGARDS, | | | | | | | |
| | | | | | | | |
| WADHWA | | | | | | | |
Guidance on Exporting Almond Butter to Bhutan: Excise Duty, Trade Agreements, and Policy Insights Under Notification No. 45/2001-C.E. An individual inquired about the procedure for exporting excisable food products to Bhutan, specifically whether it falls under free trade and if excise duty must be paid. Experts advised referring to Notification No. 45/2001-C.E. for exports under bond and highlighted two trade agreements: the South Asian Free Trade Area and SAARC Preferential Trading Arrangement. The item in question, almond butter, is classified under ITC-HS Code 20081990 and is freely exportable. Additional guidance was provided on export policies, Merchandise Exports from India Scheme (MEIS), interest equalization, and duty drawbacks. The discussion was praised for its thoroughness. (AI Summary)
Central Excise