We are manufacturer of PCB Assembly/Electronic Sub Assembly (Mounting of Components on Bare PCB).
Availing of Cenvat Credit on inputs, capital goods and input services.
Now we are interested to export the CKD kits of PCB Assembly/Electronic Sub Assembly.
Please give us the procedure/rules and regulations of Customs, Central Excise and Service Tax under which we adopt the system.
Manufacturer Seeks Guidance on Exporting CKD Kits, EPCG License Utilization, and Navigating Tax Regulations, Including Drawbacks and Rebates A manufacturer of PCB Assembly/Electronic Sub Assembly seeks guidance on exporting CKD kits and the relevant customs, excise, and tax regulations. One response suggests checking the utilization of an EPCG license and fulfilling export obligations, or considering DEPB rates valid until September 2011. If ineligible for DEPB, they should explore Drawback rates. Another response concurs, advising that central excise duties rebate is possible if exporting with duty payment, and VAT is not applicable on exports. Additionally, service tax paid on input services for export manufacturing can be refunded. (AI Summary)
TaxTMI 
TaxTMI 
