CE - Exports - LUT - Check List Prescribed By Commissioner - What is Annexure 63?

Even though the board has issued the present clarification,another area of confusion viz. whether the pre deposit of 7.5 or 10 5 can be made from CENVAT still persists.The Registrar,CESTAT has notified that the mandatory pre deposit of duty now prescribed can be made by debit entry in the CENVAT account.The predeposit of penalty if any is to be made in cash only.However,the Commissioner Appeals in the field do not accept such a procedure.As per the new amendments in sec 35 F ,the amount to be deposited is the Duty amount demanded ,thus there is no justification not to allow the payment of DUTY amount from CENVAT account.Let us hope the CBEC will look into this anomaly soon.

Unnikrishnan V 10/01/2015