Form No. AC-1 - Account of Removal from FTZ, EOU and SEZ to Domestic Tariff Area - [See Rule 17(2) of the Central Excise Rules, 2002 read with Notification No. 59/2001-C.E. (N.T.)]
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Account of Removals: standardized AC-1 entries required for transfers from FTZ, EOU and SEZ to Domestic Tariff Area. Account of removals from FTZ, EOU and SEZ to the Domestic Tariff Area is recorded on the AC-1 form, which must state administrative details of the unit, opening balance, quantity manufactured, total, quantities cleared to the Domestic Tariff Area and for export, invoice number and date, closing balance, duty paid and remarks to enable traceability and duty verification.
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.
Account of Removals: standardized AC-1 entries required for transfers from FTZ, EOU and SEZ to Domestic Tariff Area.
Account of removals from FTZ, EOU and SEZ to the Domestic Tariff Area is recorded on the AC-1 form, which must state administrative details of the unit, opening balance, quantity manufactured, total, quantities cleared to the Domestic Tariff Area and for export, invoice number and date, closing balance, duty paid and remarks to enable traceability and duty verification.
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