Clearance of excess raw materials as such

567 views 2 replies

Dear Experts,

                       We are a manufacturing unit. As we are an R & D based company, Raw Material components use to change from time to time. As a result, some Raw Materials are not being used for a long time. We want to sale these as such. We have got a customer who is a Merchant Exporter and wants to purchase this against CT 1 and Form H for further export. Can we clear this against CT 1 without Excise Duty?

Replies (2)

You can not supply the inputs under CT-1 without payment of duty to merchant exporter. You can only supply the manufactured goods without payment of duty. 

............

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
24 June 2026
Chartered Accountant - GST & Direct Tax

APL

Mumbai

CA

View Details
Company
ARTICLESHIP 27 June 2026
CA Articled Trainee And Paid Assistant

SKAA & Associates

New Delhi

CA Inter

View Details
Company
05 July 2026
Financial Controller

NovumLake Partners

Mumbai

CA

View Details
Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details
Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
06 July 2026
Accountant

Agarwal Anoop and Associates

Noida

CA Final

View Details