We have Excise Registration as a Trading. but we are not raising any central excise invice and we are submitting nil report to Central Excise Department. We are planing to surrender the central excise registration certificate. what is the impact or process for doing the same.
Procedure for surrendering excise registration
Guest
Trading Entity Plans to Surrender Excise Registration Due to Inactivity; Acknowledgment from Officer Required for Process Completion. A trading entity with an excise registration, which is not issuing central excise invoices and submitting nil reports, plans to surrender its registration. Respondents advise that there is no impact from surrendering the registration since no trading activity is occurring. The process involves submitting a simple letter or a prescribed form along with the original certificate. It is important to obtain an acknowledgment from the jurisdictional officer and state the reasons for surrender. One respondent inquires about the relevant notification number required for the surrender process. (AI Summary)