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Excise for Importers

Dealers who are engaged in import of excisable goods can register as importers.

Businesses registered as dealers of both imports and indigenous excisable goods can:

     Obtain a fresh registration as importer.

     Transfer the closing stock lying in dealer excise units as on 31st March 2014 to importer excise units, to be sold as opening stock under the fresh registration as importer.

     Maintain separate books of accounts.

     Generate e-returns with importer registration.

To support the requirements of this Notification, the Excise for Importer feature is introduced with the facility to:

     Provide registration details of importer.

     Create godowns with Excise Registration Type as Importer.

     Transfer stock to importer unit, either manually or using the Import Helper button.

     Record excise invoices.

     Generate reports and e-returns.