Non Submission of Proof of Export
RAM SHARMA
Dear Experts,We are manufacturer of excisable goods. We are unable to provide proof of export one of our export consignment with in six month. What will be the consequences of non submission of proof of export within six month and what option are available for extension these limit. Please advice. Thanks&Regards
Manufacturer Risks Double Duty for Missing Export Proof Deadline; Consider Extension Request Under Central Excise Rules. A manufacturer of excisable goods is unable to provide proof of export for a consignment within the required six-month period and seeks advice on the consequences and options for extension. Experts suggest that failure to submit proof may result in paying double duty with interest and penalties. They recommend approaching the Commissioner of Central Excise for an extension and gathering alternative evidence, such as Bank Realization Certificates, to demonstrate export. If proof is expected soon, requesting an extension from the range officer is advised; otherwise, paying the duty with interest may be necessary. (AI Summary)