https://www.taxtmi.com/forum/issue?id=111588 An EOU sent goods under ARE 1 that were not exported and were lost in transit or at the port; the principal question is whether liability is limited to excise duty as assessed on ARE 1 or extends to customs duties and import parity valuation. Advisers recommended applying for remission of both customs and excise duties and assembling export acknowledgements, while noting departmental insistence on customs recovery when inputs were imported duty free; one advisor concluded excise payable per ARE 1. en-us Tue, 07 Mar 2017 22:01:28 +0530 Thu, 23 Jan 2025 15:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=111588 An EOU sent goods under ARE 1 that were not exported and were lost in transit or at the port; the principal question is whether liability is limited to excise duty as assessed on ARE 1 or extends to customs duties and import parity valuation. Advisers recommended applying for remission of both customs and excise duties and assembling export acknowledgements, while noting departmental insistence on customs recovery when inputs were imported duty free; one advisor concluded excise payable per ARE 1. Discussion-Forum Indian Laws Tue, 07 Mar 2017 22:01:28 +0530 https://www.taxtmi.com/forum/issue?id=111588