Whether ED payable on FG meant for Exports missed during transit?, Central Excise

[Muthuraj MUTHURAJ]

Dear Sir,

During transit from our factory to the Courier through an auto, 1 box of FG (meant for Export with all proper documents like Export Invoice, ARE-1 etc., ) has been missed out of 9 boxes and the export has been held for a while on a particular day. Later on, the exports on the next day  with the same Export invoice and ARE-1 documents.

We have tried to find the missed 1 box in between and could not traceable.

What are the implications involved in respect of the Central Excise & VAT/CST.

1. Whether ED is payable on the goods found to be missing or

Cenvat credit taken in respect of the FG has to be reversed?

2. whether any information to be given to the Range officer in this regard?

Kindly give your views / opinion in this issue.

Thanks in advance and regard,

R.Muthuraj

Posts / Replies

[Pradeep Khatri]

Intimation for short shipment to customs authorities and Central Excise Department must be given.

Excise Duty will be payable and no export promotion scheme's benefit will be allowable to you.

VAT/CST will be payable at applicable rate.