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TMI BlogPost-withdrawal of warehousing facility to petroleum products - issues regardingX X X X Extracts X X X X X X X X Extracts X X X X ..... -CE (N.T.) dated 26th June, 2001. Board vide Circular No. 581/18/2001-CX dated 29th June, 2001 as interalia, specified conditions, procedures, class of exporters and places of warehouses under sub-rule (2) of rule 20 of Central Excise Rules, 2002 for warehousing of excisable goods for the purpose of export. 2. Following the withdrawal of warehousing facility, certain issues have been raised by field formations and the oil companies stating the difficulties being experienced. The issued have been examined by Board. The various issues and the decisions on these are being communicated as below : (i) Issue : The Oil Companies, due to logistical reasons, cannot supply the petroleum products under end-use based exemptions (including the su ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... osses subsequent to removal from refinery. Accordingly, the duty shall be paid on any differential quantity between the quantity cleared and actually received by the eligible end user. However, while allowing such procedure, the following aspects should be adequately taken care of : (i) The quantities of Petroleum products for which such Provisional Assessment are applied, should be reasonable and supported by some collateral evidence of the requirement of the end user and their decision to acquire the same from a particular oil company. (ii) The instructions contained in the CBEC's Excise Manual for Provisional Assessment and for execution of Bond as applicable, should be followed. (iii) The jurisdictional Commissioner shall close ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... leum products i.e. FO/LDO/HSD intended for supply as Bunker Fuel to foreign going vessels the goods may also be received through dedicated tanks in intermediate storage of goods cleared for export warehouse. For the removal of doubts, it is clarified that mixed bonding of duty paid goods with non-duty paid goods is not permitted at such intermediate storage installation." Further, in view of difficulties in installing separate tanks at the airports, mixed storage of duty paid and non-duty paid goods at Aviation Fuel Station (AFS) at airports may be allowed subject to the condition that a tank-wise regular account shall be maintained about the receipt and discharge of duty paid and non-duty paid stocks of ATF. Accordingly, the following su ..... X X X X Extracts X X X X X X X X Extracts X X X X
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