please confirm that units claiming exemption under notn 49/2003 , can procure / import rawmaterials with out excise duty.
regards
john
2 Replies
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 19 September 2012
if the purpose is for export of finish goods then only possible, otherwise not.
better to procure goods locally within your notified area, where no duty is charged on area based exemption.
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