Removal of Goods at concessional Rate of Duty

[NANDA H.L.]

Sir/MadamOur customer executed the bond vide Notification No.43/2001 of Central Excise(NT) dt. 26th June 2001. Issued Annexure 45. We need to remove the goods at Excise duty at NIL. My query, 1. Is this similiar to CT-3 procudure? Goods to be moved against ARE3?2.We need take permission from our Range? OR only we need to intimate?3. Are we eligible to take credit on my inputsand Capital GoodsPlease Suggest

AI Summary

Clarification on concessional duty under Central Excise Notification No. 43/2001: Intimation required, credit reversal needed for duty-free clearance. A discussion on a forum addresses the removal of goods at a concessional rate of duty under Central Excise Notification No. 43/2001. The query seeks clarification on whether this procedure is similar to the CT-3 procedure, the necessity of permission or intimation to the Range, and eligibility for credit on inputs and capital goods. Responses suggest referencing the CBEC's Central Excise Manual for detailed procedures and confirm that intimation is required, with additional documentation sent to the Superintendent. It is also noted that credit must be reversed if goods are cleared without duty payment under the specified notification.