Can assessee export the excise material by paying 16% of dut

This query is : Resolved

prashant patra (Querist)
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17 May 2010 Can assessee pay the duty 16% of excise duty as per the tariff act & apply rebate for the same instead of use excise duty reduced notification.

Pls. guide.

Kishor Darole

Kishor Darole (Expert)
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20 May 2010 For Removal from the factory of premises, we need to pay duty as per Budgetory changes-2010 i.e.10% not as 8 or 16%.
The same will be used for Export on payment of duty with claim of Rebate.

Regards
Kishor

ajay taneja

ajay taneja (Expert)
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02 June 2010 Dear
no, u have to pay duty as per the tariff. u can not pay duty as per your choice.

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Kishor Darole

Kishor Darole (Expert)
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04 June 2010 Dear Mr.Ajay,

Are you agree with me..!

Regards
Kishor Darole

Ashok Asthana

Ashok Asthana (Expert)
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24 February 2011 Instead of paying excise duty, and claiming rebate, you can remove the goods for export, without payment of duty, under running bond and if required Bond with bank guarantee. Both will be released as soon as you submit the shippng bill/proof of dispatch to the excise authorities.