Form GP1 is issued for the removal of excisable goods on payment of duty.

Related MCQs

• Form GP2 is issued for the removal of excisable goods without payment of duty.
• Eligible exporters shall be issued rewards in the form of duty credit scrips based on the net foreign exchange earned
• Eligible exporters shall be issued rewards in the form of duty credit scrips based on the net foreign exchange earned
• Export Promotion Capital Goods Scheme allows import of capital goods Free of import duty
• Excise duty exemption on exports is available for duty paid on
• Advance license facility enables ----------- to import inputs without payment of custom duty.
• For EOU units Disposal of used packing material will be allowed on payment of duty on
• Import of -----------------is allowed without payment of Customs duty under the Baggage Rules, 1994.
• The customs duty paid for the import of capital goods as per 2009-2014 policy is
• Which enables an exporter to import capital goods, like plant and machinery at concessional import duty?