TaxTMI 
TaxTMI 
Exports to Nepal or Bhutan without payment of duty - Procedure
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....ional Bank for Reconstruction and Development, International Development Association, the Asian Development Bank or any other multilateral agency of like nature; (b) to all diplomatic missions in Nepal or Bhutan provided the Indian Embassy or the Ministry of External Affairs certifies that the import is for personnel of the diplomatic community; (3) the exporter shall execute a bond in proper form under rule 13 of the Central Excise Rules, 1944 and in such manner as may be determined by Collector of Central Excise having jurisdiction over the factory warehouse, or the approved premises, from where the goods are removed for export to Nepal, as the case may be, or Bhutan; (4) the exporter shall furnish a certificate in Appendix I to this notification from the Reserve Bank of India or, any other Bank authorised to deal in foreign exchange by the Reserve Bank, showing that full payment for the goods has been duly received in freely convertible currency. On receipt of such a certificate and on the satisfaction of the other conditions as laid down in the bond referred to in condition (3), the Collector of Central Excise shall discharge the exporter of his liabilities under the bond; ....
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....t received in India (both in Rs. and in foreign exchange) 6 7 8 Signature of Manager/ Authorised officer of the Bank with Official Stamp. Notes - 1. This certificate should be on the Bank's letter head and should bear the Official Stamp of the Bank. 2.  This certificate will be issued only after the full proceeds of the Bill have been realised. APPENDIX - II Procedure for export of excisable goods without payment of Central Excise duty to Nepal or Bhutan, as the case may be, for which payment is received in freely convertible currency. (i) The exporter or his agent shall prepare six copies of the invoices as prescribed in the Annexure-A to the Notification in carbon for the purpose of removal of goods for export to Nepal or Bhutan without payment of Central Excise duty and shall make the following declaration on the same. "I/We declare that the goods entered herein are intended for export to Nepal/Bhutan in bond, and shall not be diverted or delivered en route to any other country" (ii) He shall furnish the relevant information in all the columns provided in the invoice, in carbon, for removal of the said goods for export. (iii) He shall, thereafter, present al....
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....ctory, through the exporter or his agent. (b) examine the seals of the containers and identify the containers with the particulars shown in the invoice : (c) if the particulars on the original copy of the invoice agree with the particulars on the duplicate, triplicate and quadruplicate copies and the seals are intact and packages are satisfactorily identified, he shall make necessary entries in the register maintained at the land customs station and allow the goods to cross into Nepalese or Bhutanese territory and certify accordingly on each of the four copies of the invoice and simultaneously indicate the running serial number in red ink prominently, visible and encircled against item 4 on all the four copies of the invoice (in case the seals are not found intact, the officer of customs incharge of the land customs station may reseal the containers with his own seal after satisfying himself as to the identity of the containers and the goods from the particulars shown on the invoice and, if necessary, by opening and examining the goods). The customs officer incharge of the land customs station, will return the quadruplicate copy of the invoice, to the exporter or his agent, after....
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....ng serial number at the time of export as indicated earlier. (xiii) The exporter will submit the quadruplicate copy duly endorsed by the officer at land customs station to the Central Excise officer incharge of the factory or the warehouse, as the case may be, alongwith Bank certificate evidencing receipt of payment, in freely convertible currency within three months from the date of removal of the goods. The Central Excise officer will tally the particulars as on quadruplicate copy of the invoice received from the Central Excise officer who has allowed clearance from the warehouse or factory and make suitable entries in Bond Account of the exporter, giving provisional credit or discharging the bond provisionally. On receipt of the duplicate copy of invoice, duly endorsed by customs officer of Nepal/Bhutan from the customs officer, land customs station, certifying export of the goods and after tallying the particulars with those in quadruplicate copy of the invoice make suitable entries in Account and the obligation under the said bond will then be discharged. (xiv) The officer incharge of the warehouse or factory, the customs officer incharge of the land customs station and the ....