25 February 2010
Dear Experts, Our customer purchase Batteries from us. That batteries are specially for solar lighting. One of Solar Lighting Manufacturing Co. wanted to purchase batteries from us. And they will do export with their Lighting equipments. Now is there any Rule is there where excise duty and Vat will be exempted? Kindly inform me. Thanking you Ritu
26 February 2010
No there is no exemption under central excise law except for direct exporter.As far as VAT is concerned it is also the same. Under the Cenvat procedure and similarly under the VAT law u r already getting full benefit of set off.