Goods return by eou

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

21 October 2013 When DTA sold goods to EOU against CT-3 Form by following ARE-3 procedure i.e. Excise Duty is exempted. But if EOU return goods to DTA and no replacement takes place for the goods, then what will be treatment of Excise duty in the hands of DTA?
What exact procedure will be followed by DTA in this case?

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)

22 October 2013 (i) on arrival of the specified goods at the premises of DTA exporter, the DTA exporter shall verify the specified goods with the contents mentioned in the invoice;

(ii) the DTA exporter, receiving the specified goods, shall maintain a simple account indicating the quantity and value of the specified goods received, the quantity exported, and the quantity remaining in stock, invoice wise and shall submit a monthly return in the format at Annexure-II to this notification to the jurisdictional Superintendent-in-charge by the tenth day of the following month.

more info:

https://www.cbec.gov.in/excise/cx-act/notfns-2k7/cent31-2k7.htm

https://www.eximguru.com/exim/eou/ch_4_export_import_procedure.aspx

https://www.dateyvs.com/tax/central-excise/procedures-in-central-excise-and-returns-to-be-filed/

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