The issue and request has been examined and the production and export pattern and system of excise control and duty payment/CENVAT in garment industry also looked into. It is observed that in the case of the goods manufactured by manufacturer-exporters,
In view of the representations and the difficulties expressed by Chambers and Companies, it has been decided to make the Segment Reporting requirement voluntary for the quarter ended September 30, 2001.
The regional offices of the DGFT are hereby requested to settle all their audit objections requiring the surrender of SIL (which is now defunct) as per the aforesaid decision of the Policy Review Committee. The amount deposited would be through a TR in the authorized branch of the Central Bank of India under the Head of Account.
Circular No. 594/31/2001-CX I am directed to say that the Board has introduced Permanent Account Number [PAN]-based Registration Numbers for the persons registering with the Central Excise Department of or after 1st November, 2001 in order to facilitate complete adoption of “Common Business Identifier Number [C-BIN]” in Central Excise. The detailed instructions relating to new Registration Procedure are contained in Circular No. Circular No. 593/30/2001-CX dated 19th October, 2001.
Circular No. 593/30/2001-CX I am directed to say that under rule 9 of the Central Excise (No.2) Rules, 2001, the Board has prescribed new Form for Application (FORM A-1)as well as Registration Certificate (FORM RC) by notification No. 65/2001-Central Excise (N.T.) dated 17th October,2001, which will come into effect from 1st November, 2001. The format of Application is common to manufacturers, private warehouse holders, and registered dealers or depots of manufacturers issuing Cenvatable invoice.
Circular No. 592/29/2001-CX I am directed to draw your attention to sub-para 2.1 of Part-II of Chapter 13 of the Central Excise Manual where in powers of adjudication and determination of duty, based on duty involved in a case has been specified. Powers for deciding matters relating to CENVAT Credit has not been specified clearly, though the same were specified in CBEC Circular No. 299/15/97 dated 27.2.1997, (as modified) that all cases of MODVAT dispute were to be adjudicated by Deputy/Assistant Commissioners except the cases involving fraud,
On receipt of a request from the EOU/ EOZ units for refund of the excise duty paid by them on procurement of bulk tea from the auction centres, the office of the DGFT issued a Notification No 36 dated 01.12.1999. The said Notification permitted the Development Commissioner of the respective zone to re-imburse the Central Excise Duty paid on bulk tea procured from the licenced auction centres by the EOU/ EPZ units.
Circular No. 591/28/2001-CX I am directed to say that a doubt has been raised regarding legal provisions for recovery of amount not paid by an assessee in terms of the provisions of rule 6 of the CENVAT Credit Rules, 2001 (Rule 57CC of the erstwhile Central Excise Rules, 1944).
It has been brought to our notice that some of the companies are not utilizing the facility of ECS for distributing dividends, or other cash benefits etc., to the investors.
Circular No. 590/27/2001-CX I am directed to say that a doubt has arisen regarding classification of “reducing mediums” for printing inks. The Department had classified the mediums as printing ink under sub-heading 3215.00. The view of the Audit is that it should have been classified as synthetic resin under sub-heading 3208.90.
