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Goods Exported without renewal of LUT

Central Excise - Started By: - Pushpa Raj - Dated:- 28-7-2016 Last Replied Date:- 4-8-2016 - Dear Experts, We are the manufacturer of Pharmaceuticals products.We have the LUT certificate to do export without payment of duty .Due to unawareness of Excise rules we did not renewal the LUT after completion of one year validity and also we did some export without renewal of LUT. After came to our Knowledge we informed the range and Division and as per officers instruction i have reversed the Duty amo .....

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r m/r reversal of duty ? or you have reversed on verbal instruction? please also clerify that you had made consolidated entry In Part II or ARE-1 wise? please check your debit entry and other documents of export with in time limit of with in six month ? Are you obtain the signature of concern officer during the time of export in ARE-1. ? - Reply By KASTURI SETHI - The Reply = The questions raised by Sh.Mukund Thakkar, Sir are very very crucial. Overall it is a procedural lapse. Nothing to worry. .....

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Thanks. - Reply By Ganeshan Kalyani - The Reply = Sorry please read excisable as excusable . Thanks. - Reply By KASTURI SETHI - The Reply = Sh.Ganeshan Kalyani Ji, Board has issued instructions time and again not to harass exporters for minor procedural lapses in the interest of nation. This lapse can be exonerated. However, maximum penalty imposable is ₹ 5000/- under Rule 27 (General Penalty) of Central Excise Rules, 2002. - Reply By Pushpa Raj - The Reply = Respected Mr. MUKUND THAKKAR. .....

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