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of <h1>Mumbai Customs Accepts Central Excise Certificates for Bank Guarantee Exemption under Para 3.1(e) of CBEC Circular 58/2004-Cus.</h1> The public notice from the Commissioner of Customs (Exports) at the Air Cargo Complex in Mumbai addresses the acceptance of Central Excise Certificates under Para 3.1(e) of CBEC Circular No. 58/2004-Cus. Manufacturer exporters registered with Central Excise who have paid excise duty of Rs. 1.00 crore or more in the previous financial year are exempt from executing bank guarantees under Advance Authorisation and EPCG Schemes. The clarification states that excise duty paid through Cenvat credit is included when calculating the total duty paid. Any issues in implementing this circular should be reported to the Commissioner.
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