Cenvat credit verification required where FOB exceeds ARE value; refer such exports for customs verification and record ARE details. Officers must state in inspection reports whether exporters availed CENVAT credit or duty relief notifications when ARE 1/ARE 2 are referenced in shipping bills so drawback is assessed correctly. If the FOB declared exceeds 150% of the ARE 1 value, the case must be referred to the Dy./Asstt. Commissioner of Customs at the exporting CFS for verification, and ARE 1 values must be recorded for project exports. No endorsements of subsequently produced ARE forms are permitted without proper amendment of the shipping bill; instructions also apply to RMS and factory stuffed container shipments.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Cenvat credit verification required where FOB exceeds ARE value; refer such exports for customs verification and record ARE details.
Officers must state in inspection reports whether exporters availed CENVAT credit or duty relief notifications when ARE 1/ARE 2 are referenced in shipping bills so drawback is assessed correctly. If the FOB declared exceeds 150% of the ARE 1 value, the case must be referred to the Dy./Asstt. Commissioner of Customs at the exporting CFS for verification, and ARE 1 values must be recorded for project exports. No endorsements of subsequently produced ARE forms are permitted without proper amendment of the shipping bill; instructions also apply to RMS and factory stuffed container shipments.
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