MERCHANT EXPORTER CONDITION
DEAR EXPERTS,
OUR COMPANY IS A MANUFACTURING EXPORTER COMPANY NOW WE WANT TO BECOME A MERCHANT EXPORTER. HOW WE CAN BECOME A MERCHANT EXPORTER. PL ADVICE.
THANKS
Manufacturer Seeks Export Guidance: Update IEC, VAT/CST, File Bond B-1, and Complete ARE-1 for Duty-Free Goods A manufacturing exporter company seeks guidance on becoming a merchant exporter. An expert advises on amending the Importer and Exporter Code (IEC) through the Jurisdictional DGFT's office and updating VAT/CST/Entry Tax registration certificates. To procure goods without duty, a General Bond B-1 with security must be filed, and CT-1 should be sent to the manufacturer exporter. The ARE-1 form requires signatures from both exporters. For container stuffing at the merchant's premises, permission from Customs and prior intimation are necessary, with invoice value and duty amount specified on ARE-1. (AI Summary)
Central Excise