Excise return er-1
V.Marimuthu (Finance Excecutive-Indirect Taxation) (376 Points)
19 March 2016V.Marimuthu (Finance Excecutive-Indirect Taxation) (376 Points)
19 March 2016
CA Aravind Penugonda
(Chartered Accountant)
(311 Points)
Replied 04 May 2016
Dear Mr. V. Marimuthu,
I suugest you to disclose export of exempted goods against the column "Export" (either under Bond or LUT, as the case may be).
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 05 May 2016
Goods for home consumption are exempted or made ZERO rate, by virtue of some exemption does not mean that Export is also exempted,
refer the Tariff, for your goods with Sub Heading , to ascertain the applicability of LUT/Bond for export
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India