TaxTMI 
TaxTMI 
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
Removal of Goods at concessional Rate of Duty
13 Aug 2014 
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CENVAT credit reversal on concessional duty removals requires ARE 3 movement and prompt statutory intimation.
Movement of excisable goods under the concessional notification is to be carried against ARE 3 following CT 3 procedure, with the consignor required to intimate the range and send a quadruplicate application copy to the Superintendent within twenty four hours. CENVAT credit claimed on inputs and capital goods used in such goods must be reversed in accordance with the Cenvat Credit rules when goods are cleared without payment of duty. (AI Summary)
Movement of excisable goods under the concessional notification is to be carried against ARE 3 following CT 3 procedure, with the consignor required to intimate the range and send a quadruplicate application copy to the Superintendent within twenty four hours. CENVAT credit claimed on inputs and capital goods used in such goods must be reversed in accordance with the Cenvat Credit rules when goods are cleared without payment of duty. (AI Summary)