Whether trader, purchasing excisible goods locally directly from manufacturer and exporting it to the place outside india, needs to regiter under excise law ???
What is the procedure for claiming duty drawback for such trader ??
2 Replies
Arun Kumar Singh
(GST Advocate)
(15220 Points)
Replied 24 April 2012
Merchant exporter is required to execute a bond so that goods can be cleared by the supplier-manufacturer without payment of duty. The bond can be executed by the merchant-exporter in form B-1. After executed the bond he will obtain certificates in form CT-1 from superintendent of central excise. No need to registered with central excise.
Sunil Kumar G
(AGM Taxation)
(373 Points)
Replied 05 May 2012
Completely agree with Mr. Arun Kumar Sigh. A trader is not required to register under Central excise unless he is a First stage delaer or Second stage dealer.
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