Duty-free export to Nepal/Bhutan requires bond, bank receipt in convertible currency, and prescribed multi-copy sealing procedure. Exports of excisable goods to Nepal or Bhutan may be made without payment of Central Excise duty provided exporters execute a bond under rule 13, obtain a bank certificate confirming receipt of full payment in freely convertible currency (or, for certain capital goods under global tenders, receipt in Indian currency to the specified bank), and follow the prescribed multi-copy invoice, sealing, verification and customs endorsement procedure at the Central Excise warehouse/factory and the land customs station; Central Excise discharges bond liabilities only after receipt and verification of required endorsed copies and bank certification.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Duty-free export to Nepal/Bhutan requires bond, bank receipt in convertible currency, and prescribed multi-copy sealing procedure.
Exports of excisable goods to Nepal or Bhutan may be made without payment of Central Excise duty provided exporters execute a bond under rule 13, obtain a bank certificate confirming receipt of full payment in freely convertible currency (or, for certain capital goods under global tenders, receipt in Indian currency to the specified bank), and follow the prescribed multi-copy invoice, sealing, verification and customs endorsement procedure at the Central Excise warehouse/factory and the land customs station; Central Excise discharges bond liabilities only after receipt and verification of required endorsed copies and bank certification.
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