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

[Guest]

 

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

Manufacturers can export trading goods without duty under Notification No. 42/2001-CE(N.T.), Rule 19, but can't warehouse them. A manufacturing unit inquired about purchasing trading goods without paying duty for export alongside their manufactured goods. An expert responded, stating that it is possible under Notification No. 42/2001-CE(N.T.) issued under Rule 19 of the Central Excise (No.2) Rules, 2001. The original inquirer noted that under Rule 19, trading goods cannot be brought back to their warehouse but can only be removed from the manufacturer's premises.