SSI Units and Export benefits
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....cedure: I. Simplified Export Procedure: 1. Manufacturers exempted from payment of duty will not be required to registered themselves with the Central Excise, however they have to file a declaration and obtain declarant code number to apply 'simplified procedure' and not just because they are exempted from declaration. 2. Clearances should be under own invoice of the SSI unit. They need not requ....
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....is direct, the manufacturer should mention at the top of invoice "FOR EXPORT" and his own Export-Import code no., if any. 8. If the export is through merchant exporter, the manufacturer should mention at the top of invoice- "EXPORTTHROUGH MERCHANT EXPORTER" and Export-Import code no. of such merchant-exporters. II. Records: 1. The SSI unit shall maintain a simple record production (i.e. quantit....
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....iption, Quantity and value of goods cleared during the quarter: · for direct export · for export through merchant exporter 8. Progressive total of clearances for home consumption upto the quarter. 9. Details of value of clearances for which proof of export not received within 6 months. IV. Proof of export: The following documents should be submitted by the SSI units to the Range officer ....
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....rt. This facility is available only where the export is taking place directly from the factory of SSI whether on his account or through merchant exporters and not for any supplies made to the domestic manufacturer who may or may not export finished goods. · Goods sold by the manufacturer to the merchant exporter which ultimately are exported are exempt from Central Sales tax. But the manufactur....
TaxTMI
TaxTMI