Excise duty

Dear Sir We are merchant exporter from Tamil Nadu region. We have some export from our mill situated in Andhra Pradesh Under CT1 form. But due to some cancellation of order from party our goods has been re imported to India. Please suggest us now what we have to do...We not having excise registration number so we are not able to submit the duty.. Please guide us whether it is necessary to send goods to factory in AP cause the CST problem is also there
Replies (1)
Originally posted by : Ajit Pal
Dear Sir
We are merchant exporter from Tamil Nadu region. We have some export from our mill situated in Andhra Pradesh Under CT1 form. But due to some cancellation of order from party our goods has been re imported to India. Please suggest us now what we have to do...We not having excise registration number so we are not able to submit the duty.. Please guide us whether it is necessary to send goods to factory in AP cause the CST problem is also there

you are mentioning "re-import" means CT-1 formalities are discharged, and you have re-imported the goods to india, after discharging customs duties and taxes, 

if the above is right then u can dispose the materials under local market at your wish, 

once the goods are exported, i.e goods left the ports of india, export is done, and submission of documents for discharge of duty liability to bond authority is done, 

CT-1 procedure ends when goods are exported physically.

Now the goods are re-imported, and in such situation customs duty and all taxes are to be paid, and ownership of goods retains to importer, he can dispose the goods at his wish or as per instrucions of customs commissioner ( if any concession is allowed to importer).

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