export proof submission, Central Excise

[sukhvinder singh]

Dear Sir ,

Please clear , a company has cleared the material for export under bond and exported the material within stipulated time period but inadvertantlly not submitted the export documents with the concerned excise  authority within six month  .

Please clear , company is liable for payment of excise duy with interest on the exported material or not , deptt demanding , please provide the notification , circular or any judgement to savee the same .

Thanks

 

Posts / Replies

[Mangesh Lokre]

In normal course, the Proof of Export ( PoE ) has to submit within the stipulated time as prescribed, failure to do so, have to pay the duty along with interest.

 

But still, if you have received the PoE righ now ( after six months) then immediately submit to the bond accepting authority with an Request application to Condone the Deflay.

If the delay is condoned then you need not to pay the duty along with the interest.

End of the day, it is all depends on the satisfaction of the bond accepting authority.

In future, for such cases, you may approach for exention for submission of PoE beyond the stipulated time.