LUT for Exports, Central Excise

[RAMU HARANAHALLY]

Sir,

We are the manufacturer and exporter of Ready Made Garmentsd under Duty Drawback Scheme since decade in BangaloreLast year in the month of July we got our unit registered under Central Excise and did some domestic orders due to less export orders.  We have filed ER  return every month declaring only domestic Invoice and values and paid duties.  Recently when I met our Superintendent, he mentioned that we should have given LUT for removal of Ex[ports and filed ERE1  return.  But I have read some where that it is not requred as per Simplified procedure under some circular etc.  Please clarify to me if LUT is mandatory or any exemption.  If it is mandatory who to regularize our past 6 months export declaration to CE.  I will be grateful to you sir for your authoritive clarification and advice.

Posts / Replies

[Pradeep Khatri]

Submission of UT-1 is mandatory, if you not exporting under bond or under payment of duty.  Further, you may approach to Commissioner of Central Excise for regularization LUT.  Be ensure, that you must have submitted all proof of export within prescribed time limit.