04 November 2011
WE ARE A 100% EXPORT ORGAINISATION WHICH NEEDS TO FILL UP FORM ARE1 SOME TIMES. I NEED TO KNOW: 1 WHAT SHOULD BE VALUE TO BE FILLED IN DUTY COLUMN? WE SHOW IT AS NIL. BUT IN RECENT SCRUTINY THEY HAVE INSISTED THAT IT SHOULD BE EXCISE DUTY APPLICABLE IN NORMAL COURSE. 2 WHAT IS RECOURSE, TO POINT 1 IF WE WERE SUPPOSED TO FILL UP THE DUTY BUT INADVERTANTLY PUT NIL. IS THERE SOME WAY TO CORRECT IT. IF THIS IS A ERROR, THEN IT HAS NOT HAD IMPACT ON DUTY AND DOESN'T AMOUNT TO EVASION OR EVEN AVOIDANCE.
05 November 2011
Value of dutiable excisable goods removed thru ARE-1 have to be mentioned with corresponding value of Excise duty,Cess&SH Cess. If such value shown as nil, separate intimation to Range office to be submitted with full details. ARE-1 requires certification of Range Supdt:, it is surprising, lapse escaped their eyes.