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export to nepal letter of undertaking required for ssi exempted unit.

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..... My client firm has a turnover less than 1.25 crore so it is not required to get excise registeration. Now they are exporting goods to nepal. What is the require form and procedure in this case? Shall i have file letter of undertaking in this case? - Reply By Rajagopalan Ranganathan - The Reply = Sir, Notification No. 42/2001-CE (NT) dated 26.6.2001 prescribes the conditions and procedu .....

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..... res for exporting excisable goods without payment of duty under bond or letter of undertaking. However this notification stipulates in para 1 (iv) that export of excisable goods which are chargeable to nil rate of duty or are wholly exempted from payment of duty, other than goods cleared by a hundred per cent export-oriented undertaking, shall not be allowed under this notification . Therefore .....

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..... since you are enjoying the SSI exemption you need not execute a letter of undertaking. However you have to clear the excisable goods for export under form ARE-1 and for the procedure to be followed please refer to above referred Notification. - Reply By KASTURI SETHI - The Reply = Just for information for exports to Nepal Exports to Nepal now at par with exports to other countries (ex .....

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..... cept Bhutan) - DRP to Nepal withdrawn Circular No. 958/1/2012-CX., dated 13-1-2012 F.No. 201/03/2010-CX. 6 Government of India Ministry of Finance (Department of Revenue) Central Board of Excise Customs, New Delhi Subject : Revised Treaty of Trade between India and Nepal. - export to nepal letter of undertaking required for ssi exempted unit. - Query Start .....

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..... ed By: - Anil Jangid Dated:- 7-1-2016 Central Excise - Got 2 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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