08 August 2010
A partnership firm has started the buss of manufacturing metal sheets (AC parts, heating equipments, etc)
The firm will be purchasing raw materials from Maharashtra and exporting the finished product.
The firm has already taken VAT registration. The firm will apply for IEC code. What other benefits will be enjoyed by the firm with respect to customs and excise.
Further, pl let me know about various registrations required by the firm to enjoy the benefits and also the customs and excise duty rate.