Circular No. 322/38/97-Central Excise Dated 9/7/1997

Circular No. 322/38/97-Central Excise

dated 9/7/97

F.No. 209/48/95-CX.6
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise & Customs, New Delhi

Subject: Furnishing of information on reversal of Modvat credit where exports were effected under VBAL Scheme- Reg.

I am directed to refer to Board”s Circular No. 285/1/97-CX dated 10.1.1997 under which Central Excise formations were directed to furnish the particulars in the proforma enclosed to the aforesaid Circular to the Commissioners of Customs, to enable them to take necessary action for the violation of VBAL scheme. Subsequently, further instructions where issued vide Board”s telex F.No. 209/48/95-CX.6 dated 27.3.1997 to the effect that the particulars of DEEC Book / Advance Licence giving their number and other details should also be given while furnishing the aforesaid particulars. Subsequent to these instructions, certain references have been received from the Customs formations specially from Commissioner of Customs and Chief commissioner of them in working out the Customs duty involved in respect of offences under VBAL. Chief Commissioner of Customs, Mumbai had also forwarded a proforma in this regard.

2. The issue has been examined by the Board and it has been decided that the Commissioners of Central Excise should furnish the information to the Commissioners of the Customs in the proforma enclosed herewith.

3. It way please be ensured that the requisite information are sent to the Commissioners of Customs expeditiously and preferably within a fortnight of the receipt of this Circular.