EXPORT WITHOUT UT-1

[DEEPAK SHARMA]

Dear Sir,

A manufacturer exporter export the goods under UT-1 whareas there is no LUT filed to the AC/DC by the manufacturer, but exporter following all procedure like issue of ARE-1 under UT-1, Excise Inv. (duty not charged), and one is also defaulted that ARE-1 doesnt submitted within 24 hr to the juridictional authority. party had received currrency in bank and having proper Bank Realization Certificate (BRC) as per export invoice.

Note: Party is not availing CENVAT facility

What Should we do?

whether firm is liable to penal action?

does export proved once BRC got?

please guide more........     

AI Summary

Export procedural compliance: failure to file LUT or timely ARE-1 is not cured by BRC and may invite regularisation or penalties.
Manufacturer exported goods without required export formalities: LUT was not filed or endorsed, ARE-1 was not filed within prescribed time, and excise invoices showed no duty; although a Bank Realization Certificate was produced, BRC does not replace mandated procedural compliance. Jurisdictional authorities may regularise lapses on submission of documentary evidence, but penal liability and compounding options are also identified where duty-free clearance procedures are breached.