https://www.taxtmi.com/forum/issue?id=109842 Manufacturer-suppliers can use their own B-1 running bond to cover duty for merchant exports; LUT cannot be used. The B-1 bond is executed with the Assistant Commissioner of Central Excise in the manufacturer's jurisdiction and may require either surety or security. Export Houses must adopt surety or security as stipulated. Security commonly takes the form of a bank guarantee in the prescribed format, executed in favour of the President of India through the Assistant Commissioner. Manufacturers should secure equivalent protection from merchant exporters and obtain ARE-1, attested EP copy of the shipping bill, and bill of lading as proof of export for submission to the Superintendent Central Excise. en-us Mon, 08 Feb 2016 14:42:40 +0530 Thu, 23 Jan 2025 15:56:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=109842 Manufacturer-suppliers can use their own B-1 running bond to cover duty for merchant exports; LUT cannot be used. The B-1 bond is executed with the Assistant Commissioner of Central Excise in the manufacturer's jurisdiction and may require either surety or security. Export Houses must adopt surety or security as stipulated. Security commonly takes the form of a bank guarantee in the prescribed format, executed in favour of the President of India through the Assistant Commissioner. Manufacturers should secure equivalent protection from merchant exporters and obtain ARE-1, attested EP copy of the shipping bill, and bill of lading as proof of export for submission to the Superintendent Central Excise. Discussion-Forum Central Excise Mon, 08 Feb 2016 14:42:40 +0530 https://www.taxtmi.com/forum/issue?id=109842