322-97-cx

Home || Export Import Policy & DGFT matters || Customs matters || Central Excise matters || Shipping and Logistics Information
ieport.com - India's Premier portal on EXIM matters

Circular No. 322/38/97-CX

dated 9/7/97

F.No. 209/48/95-CX.6 Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs, New Delhi Subject:    Furnishing of information on reversal of Modvat credit where exports were effected under VBAL Scheme- Reg.
        I am directed to refer to Board's Circular No. 285/1/97-CX dated 10.1.1997 under which Central Excise formations were directed to furnish the particulars in the proforma enclosed to the aforesaid Circular to the Commissioners of Customs, to enable them to take necessary action for the violation of VBAL scheme. Subsequently, further instructions where issued vide Board's telex F.No. 209/48/95-CX.6 dated 27.3.1997 to the effect that the particulars of DEEC Book / Advance Licence giving their number and other details should also be given while furnishing the aforesaid particulars. Subsequent to these instructions, certain references have been received from the Customs formations specially from Commissioner of Customs and Chief commissioner of them in working out the Customs duty involved in respect of offences under VBAL. Chief Commissioner of Customs, Mumbai had also forwarded a proforma in this regard.
2.    The issue has been examined by the Board and it has been decided that the Commissioners of Central Excise should furnish the information to the Commissioners of the Customs in the proforma enclosed herewith.
3.    It way please be ensured that the requisite information are sent to the Commissioners of Customs expeditiously and preferably within a fortnight of the receipt of this Circular.
Sd/-

(I.P. Lal)

Deputy Secretary to the Govt. of India

Sl. Nol

Name of the manu- facturer exporter

Name of supporting manufacturer in cases of 3rd party exports, if any
AR-4 No. & date

Shipping Bill No. & date

DESP. of the goods exported

Value

Quantity

1 2 3 4 5 6(a) 6(b) 6(c)

Amount
of Modvat availed



Extent of
Modvat reversed indicating date (s) of reversal & corresponding amount reversed.

Balance
amount of be reversed




Interest
due




Details of corresponding imports Remarks





a) Port of
      registr-
      ation
      of lic.
     &
     DEEC
     book

b)   VBAL
      No. &
      Date

c)   DEEC
      Book
      No.
      and
      date

7 8 9 10 11 12 13 14

Sl. Nol	Name of the manu- facturer exporter	Name of supporting manufacturer in cases of 3rd party exports, if any	AR-4 No. & date	Shipping Bill No. & date	DESP. of the goods exported	Value	Quantity
1	2	3	4	5	6(a)	6(b)	6(c)

Amount of Modvat availed	Extent of Modvat reversed indicating date (s) of reversal & corresponding amount reversed.	Balance amount of be reversed	Interest due	Details of corresponding imports			Remarks
Amount of Modvat availed		Balance amount of be reversed	Interest due	a) Port of registr- ation of lic. & DEEC book	b) VBAL No. & Date	c) DEEC Book No. and date	Remarks
7	8	9	10	11	12	13	14