Cancellation of ct-1 after payment of excise duty

This query is : Resolved

PADMAMOHAN UNIKANDATH (Querist)
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02 July 2012 Dear Sir ,

We as Service Provider Exporter have procured
some goods from a Vendor for Export Without Payment of Duty under CT-1.

Subsequently the Export Order was cancelled
and the goods were diverted for domestic use.

The Supplier(Vendor) of the said goods have duly made payment of Excise Duty due on the
goods Not Exported.

They have raised a Fresh Invoice to us INCLUSIVE OF THE EXCISE DUTY ON GOODS PAID BY THEM.

NOW WHAT IS THE PROCEDURE FOR CANCELLATION OF CT-1 OBTAINED FROM OUR CENTRAL EXCISE RANGE OFFICE.

AWAIT YOUR VALUABLE ADVICE .

THANKS & REGDS ,

U PADMA MOHAN

Arun Kumar Singh

Arun Kumar Singh (Expert)
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02 July 2012 If the goods cleared under ARE-1 are not exported, the AC/DC/Maritime Commissioner to whom letter of undertaking or bond is given will cancel the application on getting written application from exporter and will allow diversion of goods for home consumption. on such permission, duty will be payable. In till payment of duty at rate specified i section 11AB of central excise act. After payment of duty assessee can take credit in his running bond account. If goods were cleared on payment of duty, export documents can be cancelled by jurisdictional AC/DC pm receiving request in writing.

RENGARAJ R.K

RENGARAJ R.K (Expert)
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02 August 2012 Further to the expert opinion, Get back the original CT-1 certificate and a letter duly endorsed by the manufacturer and his range superintendent stating that the CT-1 will not be used and sent to the exporter for cancellation.

Based on this you can surrender the CT 1 to your jurisdictional authorities and reverse the debit made in the running bond account.

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