11 May 2011
Dear Sir We have exported some goods against the CT1 form...During issuing CT1 form we have take provisional quantity & amount for exemption of duty..... During export we have sufficient duty amount taken in CT1 form than actual amount of duty but quantity is exceeds than CT1 Form. for example CT1 form quantity is 100 MT whereas export has been made of 100.50 MT but the duty is taken on provisional basis so we having excess credit in CT1 Form. But while issuing unlitilised certificate of CT1 form the excise superintendent has given the balance certificate of difference of amount but also give his observation to submit the duty for excess quantity where as sufficient amount is available in CT1 form. Please advice weather we have to submit duty for the same or not
either they will accept the unutilize certificate or ammend the ct1 according to the despatch of material
Querist :
Anonymous
Querist :
Anonymous
(Querist)
11 May 2011
Sir please clarify the point because already untilised certificate issued by Excise Superintendent with his observation to Maritime Commisioner for duty to recover for excess quantity. So please tell that according to chapter-7 of CBEC excess quantity is also adjusted
CAclubindia
