Circular No. 300/16/97-CX dated 3/3/97
Subject: Amendment in Form RT-12 to provide Opening Balance & Closing Balance
l am directed to draw your attention to Circular Nos. 249/83/96-CX dated 11.10.96 and No. 273/107/96-CX dated 21.11.96 prescribing the revised format of Form RT-12.
2. It has been brought to the notice of the Board that in the absence of Opening Balance and Closing Balance in the said format of Form RT-12 is posing difficulties in the On-line Computerised verification of RT-12 Returns. It has, therefore, been decided to modify the columns of the Form RT-12.
3. In the Form RT-12, after the words "Branch Code Number" and before the words "NOTES" the following columns shall be substituted which are as follows;-
Description
of goods as appearing in the invoice and tariff heading/ sub-heading | Unit | Opening Balance | Quantity manufactured during the month/period |
(1) | (2) | (3) | (4) |
Quantity received from outside under any provision | Total Quantity | Quantity cleared on payment of duty | Quantity of duty free clearances |
(5) | (6) | (7) | (8) |
|
Total Quantity cleared(7+8) | Closing
Balance | Value of goods removed on payment of duty | Rate of duty (and notification if any claimed) | Duty paid/amount paid PLA MODVAT |
(9) | (10) | (11) | (12) | (13) |
4. Necessary amendment in Form RT-12 is being made in this regard.
Sd/-
(P.K.Sinha)
Under Secretary (CX.6)
F.N0.206/01/96-CX.6
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