1. We are a company based in TamilNadu. 2. We are registered with STPI, Chennai 3. Do we have to pay excise duty & sales tax on procurement of goods locally manufactured? 4. If we can claim exemption, what is the procedure for the same? 5. In case we can avail refund what are the formalities and procedure for the above?
31 October 2009
goods Procurment by sez is deemed export therfore,You can procure goods without payment of duty.You should Execute B-17 BOND with central excise/custome dept. department.
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