Menu
Failed to submit the ARE1 endorsement within 45 days
Our company located in SEZ. we are purchasing goods vide ARE-1. Supplier has to submit the endorsed ARE-1 document to their range within 45 days. but they hae failed to submint within 45 days as we have failed to hand over the endorsed ARE-1 documents to our supplier on time. Now their excise dept. refused to accept the documents as they have expired. They are demanding duty with penalty. our supplier also demanding duty from us.
Please advise us whether there is any chance to avoid duty payment in this situation.
Please advise me.
Replies (1)
Hi Rajaram I dont know about this. But I would l like to know what you had to do eventually?
Normally 180 days time is given for giving ARE-1 endorsements alongwith other docs as proof of exports.
For SEZ it is 45 days?
Recent Topic
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
- Royalty payment to UK
- Calculate ITR2 tax with equity and non equity prof
- LTCG on residential property sale - Rebate?
- TDS MISMATCH AND AIS
- Return filing for intervening period upto date of
- EPF Withdrawal taxation
- While e filing otp not generating
Related Topics
CAclubindia
