09 June 2013
I'm owner of a SSI & a separate impex form. I have two questions:
1. How can a SSI procure raw material to be used to manufacture goods for export (through merchant exporter) without payment of duty? We don't take input credit as our turnover is less than 150 lacs. To simplify, firm A is a manufacturer which sells the goods which is to be exported to firm B, which is the exporter. How can firm A buy raw material without payment of duty?
2. In case the SSI exports the processed goods directly, how can they procure raw material without payment of duty?
12 June 2013
In any excise manual the procedure to procure goods for export without payment of duty would be there with permission of AC/DC along with document providing proof of export or supply under CT-1 etc. As long as one is registered it should be possible.