Modvat credit reversal: Central Excise must supply detailed proforma data to Customs for VBAL-export cases. Commissioners of Central Excise must furnish to Commissioners of Customs the specified proforma particulars when Modvat credit reversal arises from exports under the VBAL scheme, including exporter and supporting manufacturer details, AR-4 and shipping bill particulars, goods description, value and quantity, Modvat availed and reversed (with dates and amounts), balance and interest due, corresponding import details, and licence/DEEC/VBAL identifiers; this information should be sent expeditiously, preferably within a fortnight.
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.
Modvat credit reversal: Central Excise must supply detailed proforma data to Customs for VBAL-export cases.
Commissioners of Central Excise must furnish to Commissioners of Customs the specified proforma particulars when Modvat credit reversal arises from exports under the VBAL scheme, including exporter and supporting manufacturer details, AR-4 and shipping bill particulars, goods description, value and quantity, Modvat availed and reversed (with dates and amounts), balance and interest due, corresponding import details, and licence/DEEC/VBAL identifiers; this information should be sent expeditiously, preferably within a fortnight.
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