Excise duty on trading sale

Page no : 2

U S Sharma (glidor@gmail.com) (21063 Points)
Replied 07 August 2012

Originally posted by : Ram kr.

DEAR EXPERT,

WE ARE MANUFACTURER AND WANT TO TRADING SALE AGAINST CT-1 THROUGH FACTORY STUFFING FROM SUPPLIER FACTORY. CAN WE DO IT. PL ADVICE.

THANKS

 

when u have CT-1 in favor of manufacturer, then you are deemed ?merchant exporter" and you can do stuffing at manufacturing factory, under range officer supervision of factory of manufacture. 

 

here your status of "manufacturer" is irrelevant, as you are not manufacturer of trading goods. 


Ram kr. (Buisness) (883 Points)
Replied 07 August 2012

IS IT ANY CONDITION TO FULL FILL OF CUSTOM DEPARTMENT FOR STUFFING THE CONTAINOR IN MANUFACTURER PREMISES.

THANKS 


U S Sharma (glidor@gmail.com) (21063 Points)
Replied 08 August 2012

inspection of export cargo can be done 1) at port or 2) at factory of manufacture, where the later is factory stuffing, and inspection is done by excise department on behalf of customs. 


Ram kr. (Buisness) (883 Points)
Replied 08 August 2012

DEAR EXPERT,

CAN A MERCHANT EXPORTER STUFFING THE CONTAINOR AGAINST CT-1 IN OUR PREMISES IN REPLACE OF MANUFACTURER. WHAT WILL BE THE LEGAL FORMALATY. WHO WILL BE THE RESPONSIBLE TO SUPERVISE THE CONTAINOR RANGE OFFICE OF MANUFACTURER OR MERCHANT EXPORTER.

THANKS


U S Sharma (glidor@gmail.com) (21063 Points)
Replied 08 August 2012

Originally posted by : Ram kr.

DEAR EXPERT,

CAN A MERCHANT EXPORTER STUFFING THE CONTAINOR AGAINST CT-1 IN OUR PREMISES IN REPLACE OF MANUFACTURER. WHAT WILL BE THE LEGAL FORMALATY. WHO WILL BE THE RESPONSIBLE TO SUPERVISE THE CONTAINOR RANGE OFFICE OF MANUFACTURER OR MERCHANT EXPORTER.

THANKS

whose premises is the OUR premises?

 

if its manufacturer, then range officer of manufacturer

if its dealer , then the range officer of dealer

 

manufacturer or merchant exporter is not entitled to supervise the export cargo sealing and inspection in case of clearance to merchant exporter. though manufacturer exporter has vested power to supervise the export cargo to be exported by self. 



Ram kr. (Buisness) (883 Points)
Replied 08 August 2012

DEAR SIR,

OUR PREMISES MEANS WE ARE MANUFACTURER AND WANT TO SALE TRADING GOODS AGAINST CT-1 WITH OUR(MANUFACTURER) PREMISES WITH STUFFING OF CONTAINOR. NOW WE WILL BE CONSIDER A MERCHANT EXPORTER. CAN WE SALE TRADING GOODS AS MERCHANT EXPORTER WITH STUFFING. 


U S Sharma (glidor@gmail.com) (21063 Points)
Replied 08 August 2012

Originally posted by : Ram kr.

DEAR SIR,

OUR PREMISES MEANS WE ARE MANUFACTURER AND WANT TO SALE TRADING GOODS AGAINST CT-1 WITH OUR(MANUFACTURER) PREMISES WITH STUFFING OF CONTAINOR. NOW WE WILL BE CONSIDER A MERCHANT EXPORTER. CAN WE SALE TRADING GOODS AS MERCHANT EXPORTER WITH STUFFING. 

are you manufacturer of trading goods ? obviously NO , then you are just exporter

you intend to export the "inputs" as it bought in basis, without payment of duty ........... ( i thinbk its correct)

you can do the container stuffing at your factory, under supervision of your range officer.

if you are intending to claim duty drawback or any claim from customs then produce shipping bills to range officer at the time of stuffing and sealing, otherwise only export invoice + ARE-1 is needed, alongwith copy of CT-1 


Ram kr. (Buisness) (883 Points)
Replied 08 August 2012

Yes you are right sir.What is the  Any legal formalaty for custom and excise point of you in this regard.

thanks

 


Ram kr. (Buisness) (883 Points)
Replied 12 August 2012

I am intend to export the "inputs" as it bought in basis, without payment of duty. Now I will raise our invoice with value addition. What will be the amount and duty mention in ARE-1 whether it is supplier value and duty or Merchant Exporter value and duty.

Pl. advice.


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