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Archive: 31 December 1996

Posts in 31 December 1996

Central Excise – Simplification of Export procedure – Regarding

December 31, 1996 1006 Views 0 comment Print

Circular No. 284/118/96-CX Discharge of the bond/ grant of credit in running bond account in cases where bond is executed under rule 13 or rule 14 in invariably delayed because of the time taken in reaching acceptance of proof of export in the office of Jurisdictional Range Officer from the Maritime Commissioner. In this regard, suggestions have been made that instructions could be issued by allowing provisional credit in running bond on the strength of exporters” copy of AR-4 certified by Customs

Circular No. 283/117/96-Central Excise, Dated: 31.12.1996

December 31, 1996 1402 Views 0 comment Print

Circular No. 283/117/96-CX It has been represented to the Board that the field formations have taken a view that credit on inputs cleared as such for export under bond cannot be allowed to be utilised for payment of duty on final products cleared for home consumption nor can it be refunded in cash. In this regard

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