jagdish kumar (Sr. Executive) (46 Points)
25 September 2010Dear Expert
I am maintain a Genral Running Bond for Nepal Export raw Matterail without payment of Excise duty 50,0000/- file in 2005 Now what happening my export to nepal is increasing day by day .
Can I add the value in current running bond 50,00000/- (5 Lacs) to 10,000000/- (One Crore) under which rules or Notification?
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 06 November 2010
Running bonds are self crediting , after submission of Annexure 19, u can take self credit of submitted documents and utilize the balance for your next export. However u have to ask the bond authority allow final credit at the earliest.
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961
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