Non export of goods by eou

[Himansu Sekhar]

Kindly give suggestions to a query.

An eou has sent goods for export. Due to some reasons, the goods are not exported within six months. Also the goods were lost in the port. The eou had sent the goods under ARE1s with due acknowledgements of the department. Through out the period they have positive NFEs. The eou wants to pay thecex duties at the usual rate and as per the values mentioned in the ARE1s. But the department insists to pay the duties alongwith customs duties. Also they want the pay the duties at the value at the nearby price of the similar goods imported.

Kindly suggest the property methods

AI Summary

Remission of duties where EOU exports fail and goods are lost, with excise payable per ARE 1 acknowledged value.
An EOU sent goods under ARE 1 that were not exported and were lost in transit or at the port; the principal question is whether liability is limited to excise duty as assessed on ARE 1 or extends to customs duties and import parity valuation. Advisers recommended applying for remission of both customs and excise duties and assembling export acknowledgements, while noting departmental insistence on customs recovery when inputs were imported duty free; one advisor concluded excise payable per ARE 1.