Vide notifications 08/2014 to 11/2014- C.E.(NT), all dated 28th Feb’14, CBEC has brought some changes in the procedural requirements for importers under excise laws, glimpse is produced herein below:
• Importer is required to get registered under excise if it issues a CENVAT invoice;
• Quarterly returns need to be filed by such importers electronically;
• The changes shall be applicable w.e.f. 1st April’14.
An attempt is made to highlight some issues pertaining to the aforesaid notifications, & the same has been enclosed herewith for ready reference.
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