Avoiding Excise Duty

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

18 November 2010 We like to be act as a Merchant Exporter.
Got some export orders from South Africa. The goods (machinery - manufactures) are supplying to us with Excise Duty. How can we save the Excise Duty at the time of purchasing goods. We already have IE CODE. Needed any special permission / licence required for exporting goods(Machineries) from Customs Authories.

Valuable advice in this regard is highly
apreciated.

CA Sanat Pyne

CA Sanat Pyne (Expert)
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18 November 2010 The clearance documents of your supplier shall be marked ‘Export through merchant exporter’ and the merchant exporter’s export - import Code number should also be mentioned.
The exempted units are required to maintain simple account of production and clearance and they shall file a quarterly statement to the jurisdictional Range Superintendent and also submit proof of export.