Central Excise- Export Warehousing –problems-reg.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....tions have been received from trade seeking clarifications and suitable guidelines on the following points: i) Procedure for export to Nepal from export warehouse; ii) Direct export of goods after further processing by merchant exporters 2. Regarding (i) above, it has been represented that the said Circular does not prescribe any procedure for export directly from warehouse to Nepal when ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....lable when the transaction is in Indian Rupees. Normally, such removals would be treated as domestic clearances and subject to payment of interest as per paragraph 10 of the said Circular. However, since the goods are ultimately exported and the rebate of duty is given to HMG Nepal, Board has decided to relax this condition and allow the exporter to clear the goods on payment of duty without inter....