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Export Procedure Urgent

Central Excise - Started By: - CA. Varun Arora - Dated:- 8-2-2016 Last Replied Date:- 10-2-2016 - Dear Experts,A manufacturer supplier wants to supply the goods to merchant exporter, Can supplier supply the same goods against a bond executed by the supplier not by merchant exporter because merchant exporter is not providing the same.In this case which bond should be executed with the excise department and further to which jurisdiction i.e. supplier or merchant exporter.is there any further docum .....

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Central Excise, which falls under its jurisdiction.Further note that the LUT can't be used for duty payment for Merchant Exports.Manufacturer to execute B-1 Bond and has to look into whether to submit the same with Security / Surety as applicable to him. If Manufacturer is holding Export House status, then B-1 Bond with surety is to be executed.Manufacturer to ensure that the security equivalent to the duty amount should be taken from the Merchant Exporter to safeguard his financials. Merch .....

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