Reversal of credit in VBAL cases - Whether Certificate can be issued to merchant exporters

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....d to merchant exporters It has been brought to the notice of the Board that certain Central Excise formations have issued certificates to merchant exporters who had exported the goods under Value Based Advance Licence (VBAL) to the effect that they have not availed the modvat facility. These certificates have been issued indicating Central Excise formation, the question of availing modvat credit....

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....ed Range office". The merchant exporters who buy the goods from the market and export cannot identify the manufacturers and therefore they are precluded from issue of any such certificate from the Range Officer of Central Excise. 4. Attention is also drawn to the Scheme for permitting reversal of modvat credit availed by the exporters of goods under VBAL Scheme in contravention of the conditions....