idris (article) (177 Points)
15 December 2015Merchant (a registered dealer at Chennai) 'A' has to export goods, by purchasing it from Manufacturer 'B' (Mumbai) For which the dealer requires exemption of ED
Please provide details procedures, ED Rules and Documentation for the same.
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 15 December 2015
A has to procure B-1 Bond with respective Juridiction commissioner of Excise of B and issue CT-1 to B, with ARE-1 signed,
B will clear the goods on the basis of CT-1 received from A without duty,
post export A has to submit ARE-1 Origial and duplicate to Bond issueing authority for credit of bond (within 180 days of clearance) and copy to the B for onward reference to their range
CAclubindia
