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COMPULSORY ARE-1

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....OMPULSORY ARE-1<br> Query (Issue) Started By: - RAM NAUDIYAL Dated:- 11-9-2012 Last Reply Date:- 14-9-2012 Central Excise<br>Got 5 Replies<br>Central Excise<br>DEAR EXPERTS, WE ARE MANUFACTURER AND WANT TO SALE TRADING GOODS EXPORT. WE HAVE NOT TAKEN CENVAT CREDIT ON SUCH INPUTS. CAN WE REMOVE TRADING GOODS REMOVE AS SUCH OR WITHOUT PAYMENT OF DUTY. IS IT COMPULSORY TO MAKE ARE-1 FOR REMOVAL OF A....

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....NY INPUT OR TRADING GOODS E XPORT. THANKS Reply By Pradeep Khatri: The Reply: ARE-1, stands for Application for Removal of Excisable Goods form No. 1. if you havn't availed the CENVAT credit on inputs intended for trading under export to another country, even then, it is better to export under ARE-1, for the purpose of submission of proof of export and availed the benefits associated with exp....

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....orts. Further, removal of goods as such and trading are two different activity though it may overlap each other. But if you are manufacturer and avail the CENVAT credit on the inputs intended for export then it may beneficial to you as there is no duty on export (except in few cases). Reply By RAM NAUDIYAL: The Reply: WE ARE MANUFACTURER AND WANT TO REGULAR SALE OF OUR INPUT WITHOUT ARE-1. PL Q....

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....UATE ANY CASE OR TELL SAFE SIDE PROCEDURE BECAUSE NEITHER WE ARE TRADER NOR MERCHANT EXPORTER. THANKS Reply By Pradeep Khatri: The Reply: It is advisable to export inputs (as such) under ARE-1. You also need to get amend your IEC since you intent to trade in inputs. Reply By ASHOK AMIN: The Reply: Dear Experts, There is still confusion in respect of the preparation of ARE-1 for trading purpo....

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....se. If the trading unit is not regsitered under central excise, then, is it still necessary to prepare ARE-1 ? Please clarify in this matter. Thanks. Reply By Pradeep Khatri: The Reply: Yes, as ARE-1 has to be signed by the both parties i.e. the Manufacture Exporter and the Merchant Exporter.<br> Discussion Forum - Knowledge Sharing ....