Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

DISPATCH UNDER ANNEXURE 45 AND PROCEDURE

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... DISPATCH UNDER ANNEXURE 45 AND PROCEDURE
Query (Issue) Started By: - sanjeev jadhav Dated:- 17-1-2016 Last Reply Date:- 18-1-2016 Central Excise
Got 5 Replies
Central Excise
Dear Sir, We are manufacturer of Alloy and St-Steel Castings falling under C.S.H. No. 73259920 and 73259930 respectively. Our customer has sent Annexure 45 (Application under Central Excise (Removal of Goods at co .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ncessional Rate of Duty for Manufacture of Excisable Goods) Rules, 2001. We will supply them castings and our customer will use these castings for manufacture of Industrial valves to be exported under Bond. Please confirm below points :- 1] Whether we have to reverse 6% duty under Rule 6 (3) of Cenvat Credit Rules, 2004. 2] Whether we have to prepare Form A.R.E.-3. Please inform what procedure .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... we have to follow to avoid any discrepancy form Excise department in future. Hoping your suitable suggestion in this regard. Reply By KASTURI SETHI: The Reply: Answer to first question is NO. Answer to Second question is YES. Go through Notification No.13/12-CE (NT) dated 17.3.12, 14/2009-CE (NT) dated 10.6.2009 and 9/15-CE(NT) dated 1.3.15. Most of legal formalities are to be performed by th .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e manufacturer who will use the goods further for manufacture of finished goods to be exported. Reply By MUKUND THAKKAR: The Reply: View given by Kasturi sethji is correct, you need to reversed any cenvat credit under rule 6(3) and use ARE-2. Also showing seprate entry in your monthly ER-1.with respective notification. and ensure that Annexure-I one copy comes to your range superintendent. if p .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ossible handed over to you by collecting from your customer. After receiving the goods your customer he will complete the all formalities. Reply By MUKUND THAKKAR: The Reply: please read as you need not to reversed any cenvat credit under rule 6(3). Reply By sanjeev jadhav: The Reply: Thank you Kasturi Sir and Mukund Sir for your valuable suggestion. Reply By MARIAPPAN GOVINDARAJAN: The Rep .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ly: Thanks Sanjeev Yadhav.
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates