Recredit


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Querist : Anonymous

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Querist : Anonymous (Querist)
10 September 2012 Sir,

We have issued B-1 General bond our excise deparment for merchant export purpose. We have issued CT-1 form to our supplier for procuring goods for export

Finally procured goods we have export to our customer through our CHA, We also received all proof of documents and endorsed triplicate pink copies form our suppliers the same documents we have to submit annexure 19 for POE.

so my query is how credit cenvat duty we have dabit in CT-1 and recredit for further shippment.

Thanks
Pramod Mane

11 September 2012 It looks that you are referring to the CENVAT duty debited in Bond to be re-credited on submission of POE. The amount can be credited immediately on submission of POE



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