VALUE AND DUTY MENTION IN ARE-1

[RAM SHARMA]

I am intend to export the "inputs" as it bought in basis against CT-1, without payment of duty. Now I will raise our invoice with value addition. What will be the amount and duty mention in ARE-1 whether it is supplier value and duty or Merchant Exporter value and duty.

Pl. advice.

 

[YAGAY and SUN]

It's gona be Merchant Exporter value by giving the reference of CT-1 No. and date

AI Summary

Merchant Exporter value must be declared in ARE 1 with CT 1 reference when exporting inputs without payment of duty.
Declare the Merchant Exporter value on ARE 1 and cite the CT 1 number and date when exporting inputs procured under CT 1 without payment of duty; ARE 1 must reflect the merchant exporter's invoice value to validate duty suspension.