C.E. - Rule 57E - Adjustment in duty credit - Procedure - Regarding - Central Excise - 267/142/88-CX.8

C.E. - Rule 57E - Adjustment in duty credit - Procedure - Regarding [From F. No. 267/142/88-CX.8] Government of India Ministry of Finance (Department of Revenue) Central Board of Excise and Customs, New Delhi Subject : C.E. - Rule 57E - Adjustment in duty credit - Procedure - Regarding. I am directed to refer to Board's letter F. No. 267/46/88-CX.8, dated 15-4-88 in which a procedure has been prescribed for variation of credit under Rule 57E consequent upon grant of refund of duty paid on inputs in respect of which credit of such duty has already been availed of under Rule 57A. The following procedure for varying credit in cases where differential duty is charged subsequent to clearance of goods from the manufacturers or importers on the inputs has been worked out in consultation with Directorate General of Inspection. Which credit been taken, (1) After payment of the differential duty, the manufacturer of the inputs should apply to the Range Officer incharge of the factory/Appraiser for issue of a certificate, consignee wise regarding payment of differential duty on the inputs, declaring all the relevant particulars of the inputs such as gate passes, B/E, Adjudication Order/Demand Notice, payment documents etc. in the proforma enclosed herewith. The declaration in the aforesaid proforma should be submitted in triplicate. (2) After verification of the particulars, the Range Officer/Appraiser should endorse his certificate regarding payment of differential duty on all copies of the declaration in the said proforma. A cross reference of certificate number and amount may also be made in the relevant challan, PLA, RG23A account against the related debit entry No. and also on o-in-o Assessment document/demand notice. (3) The original copy of the certificate, should be returned to the manufacturer of the inputs for sending the same to the consignee factory, and the duplicate copy should be dispatched to the Range Officer incharge of the factory which had received the inputs and availed Modvat credit. The triplicate copy should be retained by the Range Officer incharge of the factory manufacturing the inputs/Appraiser of the Custom House, for his own record. (4) After receipt of the original copy of the certificate from the consignee factory and comparing the particulars with the duplicate copy received through departmental soured, the Range officer incharge of the consignee factory shall allow the consignee factory to raise credit of the differential duty paid and make endorsement on both the copies to this effect. The above procedure may be brought to the notice of the trade through suitable trade notice. Receipt of this circular may please be acknowledged.