URGENT---Liability for filing of Excise Return

This query is : Resolved

CA Binal Shah (Querist)
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10 June 2009 Hi,

One of my client is in the business of import. He import MEG and sale in India.He claims custom duty refund of additional custom duty paid. He is in purely trading. No manufacturing is done on his part. Whether he is liable to file excise return?whether i am correct in interpreting that as per Rule 9(8) of CENVAT CREDIT RULES,2004 He is liable to file quarterly return? Is there any laibility to file return in Custom Act?Please reply soon.

Arbind Aggarwal

Arbind Aggarwal (Expert)
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24 June 2009 No excise return to be filed for trading of customs duty paid goods and sold as pure trading.

If regeistered in excise as for passing on the cenvat credit then certail formalies incl. return are required to be followed.