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of <h1>New Rule 173G(i)(iv) Eases Liquid Gas Dispatch with Deferred Duty Payment, Requires Strict Documentation and Compliance.</h1> The circular addresses the challenges in dispatching liquid gases like oxygen and nitrogen due to their exceptional nature, which prevents determining the quantity and duty at clearance. To address this, a special procedure under Rule 173G(i)(iv) is introduced, allowing removal of these gases without immediate duty payment. The procedure requires manufacturers to maintain sufficient account balances and follow specific documentation and accounting steps. This includes using pre-authorized Pass-Out documents, recording deliveries, managing transit losses, and ensuring duty payment on unaccounted quantities. The Commissioner of Central Excise can impose additional conditions or withdraw this facility if procedures are not followed.
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