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TMI BlogCentral Excise Manual – Latest important instructions contained thereinX X X X Extracts X X X X X X X X Extracts X X X X ..... ior to 1.9.2001 on identical issues. There are certain instructions in the Manual, which are in nature of 'supplementary instructions' under the provisions of rule 3 of the Central Excise (No. 2) Rules, 2001 and they have to be given due cognizance. It is also mentioned that if there are instructions, which have not been expressly covered by this Manual, the same will remain applicable, unless they are repugnant to the provisions of the new Rules. It has been further clarified that if there are any Act, 1944 and the rules made thereunder (including notifications issued thereunder), the provisions of said Act and the rules (including notifications issued thereunder) shall precede. 3. The latest and important instructions of the Board contai ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... xplanation' added to sub-rule (1) of rule 5 that the duty liability shall be deemed to have been discharged only if the amount payable is credited to the account of the Central Government by the specified date. There were certain doubts about this provision. It has been clarified that when banks affix 'receipt stamp' on TR-6 Challan, whether against payment in cash/bankers' cheque/draft or against duly cleared cheque, the same shall be treated as 'amount credited to the account of the Central Government'. [Chapter 2, Part-V, sub-para 3.3] (7) An assessee can make more than three copies of invoice if they require so as invoice is their document. They shall have to mark other copies as "Not for CENVAT'. [Chapter 4, para 4.1] (8) Two invoice ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ering that these are essential for EA-2000 audit. [Chapter 6, Part -I, Sub-para 2.2]. (14) Guidelines about maintenance of computerised records and preparation of returns, documents etc. using computer have also been specified. [Chapter 6, Part-III]. Bond has been specified for all merchant exporter. However, the Status holder [Super Stat Trading House, Star Trading House, Trading House and Export House] have been exempted from furnishing security or surety as before. But for all others, security of 25% of bond amount/surety 100% of the bond amount has been specified. However, the bonds already furnished without security/surety may be continued to be honoured till 1st December, 2001. For exports thereafter, security/surety may be asked. T ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2]. (17) Procedure for 're-import of exported goods' for reconditioning, repairs and re-export has been incorporated. [Chapter 7, part-V, para 3]. (18) Procedure for entry of goods cleared from one factory for export (duty paid or without payment of duty) in another factory of the same assessee for loading and consolidation and export therefrom have been specified. This will be done under supervision of Central Excise Officer. [Chapter 7, part-V, para 4]. (19) Instructions for 'provisional release of seized goods' and 'payment of duty/dues under protest' have been incorporated. [Chapter 17, part-I, sub-para 3.2]. (20) Powers to supervise destruction of excisable goods has been specified. An AC/DC can supervise where duty involved (and ..... X X X X Extracts X X X X X X X X Extracts X X X X
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