Pass-Out System for liquid gases allows provisional clearance with post-delivery duty determination and strict recordkeeping. Pass-Out System allows removal of liquid gases in tanker lorries on provisional central excise duty and provisional entry in the Daily Stock Account at clearance, subject to a written request and undertaking. Pre authenticated triplicate Pass-Out documents must record net quantity and provisional duty; customer signatures are required on delivery. Provisional entries are converted to final entries after tanker return or by next morning, invoices/A.R.3A are prepared post return, and duty on transit or storage losses is payable by the assessee at the highest effective rate, with discrepancies recorded in the Daily Stock Account.
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Provisions expressly mentioned in the judgment/order text.
Pass-Out System for liquid gases allows provisional clearance with post-delivery duty determination and strict recordkeeping.
Pass-Out System allows removal of liquid gases in tanker lorries on provisional central excise duty and provisional entry in the Daily Stock Account at clearance, subject to a written request and undertaking. Pre authenticated triplicate Pass-Out documents must record net quantity and provisional duty; customer signatures are required on delivery. Provisional entries are converted to final entries after tanker return or by next morning, invoices/A.R.3A are prepared post return, and duty on transit or storage losses is payable by the assessee at the highest effective rate, with discrepancies recorded in the Daily Stock Account.
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