EXCISE AND EXPORT

[MITSUI PRIME ADVANCED]

Dear Sir,

We have going to new business of our main final production of pp compound under HSN 39 under Central Excise Tariff Act

01. First issue :- interested in Trading purchased from indian manufactures like haldia and reliance and goods export as a trading basis to japan and thiland, etc.so Please tell me about Excise duty, Custom Duty or any other Duty  is applicable and have a avail any various exemption under schemes. or deemed export.

02. Second issue :- At presently we have Manufacturing of PP Compound HSN 39 of central Excise Act and and interested Export to japan and UAE and USA.

so that please tell me about Export duty is applicable and or Custom Duty is applicable when we have export to japan or any other country or availed any exemption or incentive schemes.

I request you to please tell  me about full detail of Export procecution and limitation under Cental Excsie and Custom law.

Regards

Arjun Sachdeva

Mitsui Prime Neemrana

[Guest]

Dear Sir,

First Issue :-

Material procure from other unit under CT-1 form and then export it.In that case you are availing any export benefit like DBK,Chapter-3 (Subject to availing waiver certificate form supplier),Chapter- 4 (Supporting manufacturer).

Second Issue :-

Excise duty :- Material supplied under UT-1 Bond or Under Excise rebate Claim process.With a condition that we have to submit it proof of export within 180 days from date of are-1

Custom duty is not applicable in terms of export shipment.

You can avail any benefit under Chapter - 3 ,Chapter - 4 & Chapter -5

For chapter -4 & 5:-You must fulfilled its export obligation fulfillment otherwise you are liable to pay its duty with interest.

AI Summary

Excise export benefits require timely ARE proof; noncompliance triggers duty and interest. Excise relief for exported PP compound can be effected by supplying under a UT-1 bond or claiming excise rebate, provided export proof (ARE) is submitted within the prescribed period; customs duty does not apply to exports. Export incentives under Chapter 3, Chapter 4 and Chapter 5 are available, but failure to meet Chapter 4 or Chapter 5 obligations results in liability to repay duty with interest.