Regarding Notification No. 42/2001-CE (NT) dated 26.6.2001- Procedure to
be followed for export of excisable goods
Circular
No. 582 dated 9th July 2001
I
am directed refer to the Notification NO. 42/2001-CE(BT) dated 26.6.2001
effective from 1.7.2001 which prescribes the procedure for export of excisable
goods except Nepal and Bhutan without payment of duty. This notification
replaces the earlier procedure governing export of such goods and there is no
major departure from the procedure prevailing so far.
2.
This notification prescribes ARE-1 format in place of the existing AR-4
format for application to be filed by the exporter. Similarly, the format for
the bond to be furnished by the exporters and CT-1 format for obtaining
indigenous excisable goods without payment of duty has also been prescribed
vides the said notification. In this regard, representations have been received
from the trade that the export consignments are held up in the factory and at
the ports insisting for bond in the new format, for CT-1 instead of the existing
facility of block transfer and for ARE-1 instead of AR-4, which prevailed
earlier.
3.
The matter has been examined by the Board and it is clarified that
following of the new procedures should not be a ground for holding up of the
export consignments. There has not been any major change in the procedures to be
followed except for some minor simplifications. Thus, the exporters may be
allowed to follow the procedure prevailing prior to 1.7.2001 till 31.7.2001 and
export consignments should not be help up as long as it is satisfied that the
procedure laid down and prevailing prior to 1.7.2001 has been duly followed.
4.
Necessary action may be taken to clear all consignments in the light of
the above instruction.
5.
Trade and field formations may be suitably informed.
6.
Hindi version would follow.
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