https://www.taxtmi.com/forum/issue?id=107256 Procedure authorises duty free removal of goods to eligible user industries holding requisite permission and customs licences, subject to a sufficient excise bond and issuance of a CT 3 certificate by the proper officer. Consignors must dispatch ARE 3 applications and invoices in prescribed copies; user industries must verify consignments, endorse warehousing on ARE 3, maintain separate stock accounts and submit monthly returns. Bond officers perform prompt verification and countersign warehousing. Non receipt of warehousing certificates triggers escalation leading to proof of receipt or recovery of excise duty; warehousing periods are time limited with possible extensions and interest on delayed clearance. en-us Sat, 30 Aug 2014 12:51:35 +0530 Thu, 23 Jan 2025 15:57:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=107256 Procedure authorises duty free removal of goods to eligible user industries holding requisite permission and customs licences, subject to a sufficient excise bond and issuance of a CT 3 certificate by the proper officer. Consignors must dispatch ARE 3 applications and invoices in prescribed copies; user industries must verify consignments, endorse warehousing on ARE 3, maintain separate stock accounts and submit monthly returns. Bond officers perform prompt verification and countersign warehousing. Non receipt of warehousing certificates triggers escalation leading to proof of receipt or recovery of excise duty; warehousing periods are time limited with possible extensions and interest on delayed clearance. Discussion-Forum Central Excise Sat, 30 Aug 2014 12:51:35 +0530 https://www.taxtmi.com/forum/issue?id=107256