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

Annual renewal of Form 1 may be required due to numbering obligation each financial year; verify with jurisdictional authority.
A procedural provision requires numbering of the information filed in each financial year, which is interpreted to necessitate submission of a fresh Form 1 application record by the applicant manufacturer at the start of a new financial year. This annual application need not be duplicated per supplier when the same supplier is already covered; however, office confirmation from the jurisdictional Commissioner/Principal Commissioner is advised.