WHICH DOCUMENTS ARE REQUIRE OR SUBMIT IN EXCISE & CUSTOM FOR EXPORT PURPOSE. PLEASE HELP ME.
RAMESH KUMAR VERMA
( CS PURSUING )
(43853 Points)
Replied 04 May 2010
KIND ATTN MR. JIGNESH,
YOUR QUERY:-
WHICH DOCUMENTS ARE REQUIRE OR SUBMIT IN EXCISE & CUSTOM FOR EXPORT PURPOSE. PLEASE HELP ME.
MY REPLY:-
EXPORTS ARE TWO TYPES:-
(A) DEEMED EXPORT :- IT REFERS TO THOSE TRANSCATION WHICH GOODS DO NOT LEAVE THE COUNTRY AND PAYMENT OF THIS AMOUNT RECEIVED IN FREE FOREIGN CURRENCY . (100%EOU AND SEZ ARE EXAMPLE )
(B) PHYSICAL EXPORTS:- IT REFERS TO THOSE TRANSCATION WHICH GOODS LEAVE THE COUNTRY AND PAYMENT OF THIS AMOUNT RECEIVED IN FREE FOREIGN CONVERTABLE CURRENCY .
WHEN WE EXPORT, EXPORT SALES CONTRACT, LETTER OF CREDIT , INVOICE , PACKING LIST, AND INSURANCE CERTIFICATE , CERTIFICATE OF ORIGIN, GSP/ SUBMIT IN THE CUSTOM AND CENTRAL EXCISE DEPARTMENT. IF YOUR ITEM FALLS ON THE DEPB / DRAWBACK , THE INCENTIVE GIVEN BY CUSTOM AND CENVAT ALSO GIVEN BY CENTRAL EXCISE DEPARTMENT.
ARE-1, IF , DECLARATION SDF, CENVAT DECLARATION etc is the part of documents which is submitted by exporter in the c.excise and custom also.
IF YOU ARE NOT SATISFY, TELL US, WE REMAIN YOU,
ragards,