PROCURING TRADING GOODS FOR EXPORT

[RAM SHARMA]

DEAR EXPERTS,

WE ARE REGISTERED AS A MANUFACTURING UNIT. WE WANT TO PURCHASE TRADING GOODS WITHOUT PAYMENT OF DUTY AND  EXPORT ALONGWITH OUR MANUFACTURING GOODS. IS IT POSSIBLE. PL TELL ANY RULE AND NOTIFICATION.

THANKS

 

You can procure goods without payment of duty and export the same under

Notification No.42/2001-CE(N.T.), dated 26th June, 2001
issued rule 19 of the Central Excise (No.2) Rules, 2001

 

thanks

regards

srinivas

[RAM SHARMA]

DEAR SRINIVAS,

UNDER RULE 19 AGAINST CT-1. WE CAN NOT BROUGHT BACK TRADING GOODS IN OUR WAREHOUSE. WE CAN REMOVE ONLY MANUFACTURER PREMISES.

THANKS

AI Summary

Duty-free procurement for export: trading goods may be bought without duty and removed for export under notified procedure.
Procurement of trading goods without payment of central excise duty is allowed where goods are removed for export under the prescribed export-notification and associated procedural rule; such duty-free goods must be moved in accordance with movement provisions and cannot be returned to the purchaser's warehouse, being removable only to the manufacturer's premises for onward export.