We are exporting duty paid ATF to aircrafts on the foriegn run. We need to file for the rebate of duty. Central Excise officer is demanding BRC (bank Realization certificate) is it really necessary for the rebate claim? Please advise.
LALIT (FINANCE ) (28 Points)
14 March 2011We are exporting duty paid ATF to aircrafts on the foriegn run. We need to file for the rebate of duty. Central Excise officer is demanding BRC (bank Realization certificate) is it really necessary for the rebate claim? Please advise.
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 14 March 2011
not mandatory but to establish the authencity of goods exported BRC is a vital document, in form of BRC, payment realization certificate mentioning the invoice no of us is sufficient.
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961