Exports & imports

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

23 February 2013 Hallo Sir/Madam,

we are a merchant-Exporters we want to export our Pharmaceutical Drug with the cost of Approximately 1 Crore so we heard for this type of exports will be done through ARE-1 and CT1 Bond .
but we couldn't have a sufficient knowledge for these transaction so please Gide me about it as well as u know...............

and give me a brief procedure for these.

Thanks in Advance to Replier......

Rajeev Kumar Garg

Rajeev Kumar Garg (Expert)
Follow

24 February 2013 At the first, you have to execute a bond with department along with an application for issuing Form CT-1 in the name of Manufacturer supplier. After getting Form CT-1, it is sent to your supplier along with a blank ARE-1 Form duly signed by you. Then supplier will send their goods to you for export without payment of duty. For more detail and specific guidelines, you can read Rule 19 or may contact any expert.
Rajeev Kumar Garg
(M.Com, L.L.B.)
Consultant (Excise, Customs & Service Tax)
Ph. no. +91 7500802402

Querist : Anonymous

Querist : Anonymous (Querist)

25 February 2013 Thank you very much sir.....

Upgrade to CAclubindia Pro. Subscribe Now!