Circular No. 300/16/97- Central Excise
dated 3/3/97
F.No. 206/01/96-CX.6
Government of India
Ministry of Finance
Department of Revenue, New Delhi
Subject: Amendment in Form RT-12 to provide Opening Balance & Closing Balance- Regarding
I am directed to draw your attention to Circular Nos. 249/83/96-CX dated 11.10.96 and No. 273/107/96-CX dated 21.11.96 prescribing the revised format of Form RT-12.
2. It has been brought to the notice of the Board that in absence of Opening Balance and Closing Balance in the said format of Form RT-12 is posing difficulties in the on-line Computerised verification of RT-12 Returns. It has, therefore, been decided to modify the columns of the Form RT-12.
3. In the been Form RT-12, after the words “Branch Code Number” and before the words “NOTES” the following columns shall be substituted which are as follows:-
| Description of goods as appearing in the invoice and tariff heading/ subheading | Unit | Opening Balance | Quantity manufactured during the month/period |
|
(1) |
(2) |
(3) |
(4) |
| Quantity received from outside under any provision |
Total Quantity |
Quantity cleared on payment of duty | Quantity of duty free clearances |
|
(5) |
(6) |
(7) |
(8) |
| Total Quantity cleared (7 + 8) |
Closing Balance | Value of goods removed on payment of duty | Rate of duty (and Notification if any claimed) | Duty paid/ amount paid PLA MODVAT |
|
(9) |
(10) |
(11) |
(12) |
(13) |
4. Necessary amendment in Form RT-12 is being made in this regard.
