Circular No. 322/38/97-CX dated 9/7/97
Subject:- Furnishing of information on reversal of Modvat credit where exports were effected under VBAL Scheme
I am directed to refer to Board"s Circular No. 285/1/97-CX dated 10.1.1997 under which Central Excise formations were directed to furnish the particulars in the proforma enclosed to the aforesaid Circular to the Commissioners of Customs, to enable them to take necessary action for the violation of VBAL scheme. Subsequently, further instructions were issued vide Board"s telex F.No. 209/48/95-CX.6 dated 27.3.1997 to the effect that the particulars of DEEC Book/Advance Licence giving their number and other details should also be given while furnishing the aforesaid particulars. Subsequent to these instructions, certain references have been received from the Customs formations specially from Commissioner of Customs and Chief Commissioner of Customs, Mumbai to the effect that considerable difficulties are being faced by them in working out the .Customs duty involved in respect of offences under VBAL. Chief Commissioner of Customs, Mumbai had also forwarded a proforma in this regard.
2. The issue, has been examined by the Board and it has been decided that the Commissioners of Central Excise should furnish the information to the Commissioners of the Customs in the proforma enclosed herewith.
3. It may please be ensured that the requisite information are sent to the Commissioners of Customs expeditiously and preferably within a fortnight of the receipt of this Circular.
Sd/-
(I.P. Lal)
Deputy Secretary to the Govt. of India
F.No. 209/48/95-CX.6
Annexure
| Sl. No. | Name of the manufacturer exporter | Name of supporting manufacturer in case of 3rd party exports, if any | AR-4 No. & date | Shipping Bill No. & date | DESP. of the goods exported | Value | Quantity |
| 1 | 2 | 3 | 4 | 5 | 6(a) | 6(b) | 6(c) |
| Amount of Modvat availed | Extent of Modvat reversed indicating date (s) of reversal & corresponding amount reversed. | Balance amount to be reversed | Interest due | Details of corresponding imports | Remarks |
| a) Port of registration of lic. & DEEC book | b) VBAL No. & Date | c) DEEC Book No. and date |
| 7 | 8 | 9 | 10 | 11(a) | 11(b) | 11(c) | 12 |
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