Discuss the validity of the following statements with reference to the Central Excise Rules, 2002, as amended: (i) The general procedures prescribed for export under claim for rebate and export without payment of duty un
CS Professional · Advanced Tax Laws and Practice · PYQS · June 2015
Discuss the validity of the following statements with reference to the Central Excise Rules, 2002, as amended: (i) The general procedures prescribed for export under claim for rebate and export without payment of duty under bond do not apply to Nepal.
Answer & Explanation:
Invalid. As specified in notification No. 42/2001-CE (N.T.) dated 26.6.2001, Procedures and conditions for export without payment of duty under bond applies to all countries except Bhutan. Thus, the procedures prescribed for export under claim for rebate and export without payment of duty under bond applies to Nepal.
Topics: Central Excise
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