02 August 2012
We are manufacturer of electronic items & the unit is located in HP enjoying area based exemption.We wish to export our products to Nepal by road. At present we are not liable to pay excise duty on our products. I want to know :- 1. Latest procedure for the same, in short. (recently there have been some changes regarding the same) 2. Bond is also to be executed for the same. As at present we are not liable to pay central excise on clearance of our products, do we still have to execute the same? if yes..then for wot value/amount etc.