Change Tariff Item, Central Excise

[RAM SHARMA]

Dear Experts

As per new foreign trade policy guidlines ourTariff item has been changed for taken MEIS Scheme benefit but in our excise return we are showing different tariff item. Now, Whether we can change our tariff item in our excise return according to MEIS Scheme. What will be the consequences if we change our tariff item in our excise return. Please advice.

ThanksandRegards

Posts / Replies

[YAGAY AND SUN]

Dear Ram,

Changing Tariff Heading just for the sake of getting/availing Export Promotion benefit without changing the constituents of the finished goods may be lethal. Please make a representation to the DGFT and Central Excise Commissioner in this regard and get the clarification before taking any decision to change the tariff heading on your own.

Regards

YAGAY and SUN

(Management, Business and Indirect Tax Consultants)

[RAM SHARMA]

Dear Sir,We are not changing our main chapter head. We want change only last four digit which will transfer from main item to other item catagory.Thanks