TMI BlogCentral Excise queryX X X X Extracts X X X X X X X X Extracts X X X X ..... How can I, being a trader, take advantage of excise duty exemption, if I purchase an excisable commodity from a manufacturer and sell it to an exporter? Thanks. - Reply By Ganeshan Kalyani - The Reply = You can pass on the credit of duty as a trader. - Reply By R Ranganathan - The Reply = Thank you for kind response, sir. But incase, an exporter directly purchases from the manufacturer, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he can give form CT-1 to the manufacturer, and thus get exemption from bearing excise. Consequently, becoming competitive. So, how will things pan out when a trader is involved and the exporter wishes to have excise exempted? - Reply By surya narayana - The Reply = Dear Friend, This issue was answered/clarified earlier in the same forum ( you may pl. refer the same) However, considering ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... that you are a Registered Dealer(Trader) under central Excise, You may claim the duty paid by the manufacturer on your export in terms of the procedure prescribed under CBEC circular No. 294/97-CX Dated 25.01.1997 Best Regards Suryanarayana - Reply By R Ranganathan - The Reply = Sir, Thank you for your kind response. I'm a bit confused, so let me put it in a different way: Conside ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r an exporter(E) who wishes to export an excisable commodity from a middleman/trader/dealer, who in turn purchases the same commodity from the manufacturer(M). Now, E wishes to seek an exemption from payment of excise duty for the export he wants to carry out. Under what circumstances can he claim an exemption? - Reply By surya narayana - The Reply = Dear Friend, According to me there is no p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rovision for getting exemption from duty to E. Best Regards Suryanarayana - Reply By Rajagopalan Ranganathan - The Reply = Sir, From your query I understand that you are pruchasing duty paid excisable goods from manufacturer and sell it to an Exporter. You want to know whether you can purchase the excisable goods without payment of duty. The answer is no since there is no such facility avai ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lable under Central Excise Act, 1944 or the rules made thereunder. - Central Excise query - Query Started By: - R Ranganathan Dated:- 27-4-2016 Central Excise - Got 6 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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