EASYOFFICE
EASYOFFICE

How to satisfy assessing officer

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
21 October 2012 pls help to solve my case..as per ccr 2004 exporters are allowed refund of cenvat credit when goods cleared under bond or letter of undertaking..but for that seperate accounts have to be maintained for segregation of raw material on which cenvat is admissible and material on which cenvat is not admissible..which was not being done in my case due to practical difficulty..being both raw materials i.e. on which cenvat avilable and not available were on same floor.i.e. export was being done from raw material on which we were not taking cenvat.now as per provisions nad rules of ccr i have to pay higher duty@6%..to save this any tax planning possible or how to satisfy assessing officer of this practical difficulty faced by us to save duty..

21 October 2012 you have two option is available for the purpose of export without payment of duty and rebate on duty paid on input.
1. inputs free of duty for export production.
2. Combined application for removal of goods for export under claim for rebate of duty paid on excisable materials used in the manufacture and packing of such goods and removal of dutiable excisable goods for export under claim for rebate of finished stage excise duty or under bond without payment of finished stage excise duty leviable on export goods under ARE-2.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries