Time period of Form-1 issued Notification No 20/2016

[kamal chordia]

Dear sir

Please note that we obtained Form-1 in the month of March-17 under Not. 20/2016 dt 01.03.2016 of central excise (removal of goods at concessional rate of duty for manufacturer of excisable and other goods)Rule, 2016 for procurement of Raw Material under Advance Authorisation/ Invalidaiton letter (Principal notification 44/2001).

Due to some reason supplier could not supply the raw material in the month of March.

Now he asking new Form-1 for current financial.

Please clarify should we need to again obtained Form-1 for FY 2017-18, please also clarify relevant excise rule, notification for the same that for new financial we need to submit new Form-1.

thanks & regards

Kamal

AI Summary

Experts Debate Need for New Form-1 Under Rule 4(2) for 2017-18 Central Excise; Consult Commissioner for Clarity. A participant inquired about the necessity to obtain a new Form-1 for the fiscal year 2017-18 under Notification No. 20/2016 for central excise, as their supplier demands a fresh form. An expert clarified that there has been no change in the form since March 2016 and no new form is required. However, another expert pointed out that Rule 4(2) of the Central Excise Rules, 2016, requires numbering of information for each financial year, suggesting the need for a fresh form annually. It was recommended to consult the jurisdictional Commissioner for confirmation.