CA Day celebration 2024 Easy Office
LCI Learning

Require clarification regarding exports

This query is : Open 
Profile Image

Profile Image

(Querist)
14 April 2015 Can Manufacturer exporter clear material as it is under LUT ( UT-1) or needs to executes B1 bond ? please clarify... Also, please clarify whether cevat credit is permissible on such bought out items ? wating for your replay..
Profile Image

CA Nimesh Maheshwari

Profile Image

CA Nimesh Maheshwari (Expert)
14 April 2015 Manufacturer exporter can clear the material under LUT as well as under claim of rebate on the cover of ARE - 1

Yes, CENVAT credit is available on raw materials and bought out items.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CA Day celebration 2024 with Tally CCI Pro

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links