Surrender of Registration

[Srivatsan Krishnamachari]

Dear Experts,

Kindly provide your valuable suggestion on our issue.

We have surrendered excise registration of our one unit online and forwarded letter to our Division office. But we have a pending issue (for Interest amount) in CESTAT, where we were granted 'STAY' from CESTAT. Now department is not ready to clear our registration saying that we have pending matter Even after submission of Indemnity bond and also given reference our another unit located in the same city.

Now, i would like o know, is there any case law/Trade notice in our favor and also suggest for any other alternates.

Thanks for support

Srinivas

AI Summary

Business Faces Hurdle in Excise Registration Surrender Due to Pending Interest Issue; Experts Advise Resolution Steps A business sought advice on surrendering its excise registration while having a pending interest issue at the Customs, Excise and Service Tax Appellate Tribunal (CESTAT). Despite submitting an indemnity bond, the department refused to clear the registration due to the unresolved matter. An expert suggested providing a bond equivalent to the stake involved and consulting the jurisdictional Commissioner of Central Excise. Another expert referenced a notification indicating that de-registration requires no pending dues, advising the business to pay the pending amounts and apply for a refund if the CESTAT decision is favorable.