Exported less quantity than ct1/bond executed

Rajesh Kumar K (Finance Manager) (50 Points)

31 August 2016  

D/All,

One of my client who is a Merchant exported recently exported one 20ft container. The product is dutiable, hence executed bond (CT1) for removing goods from Manufacturer's Godown to Port. Out of the 1000 Cartons we could only accomodate 900 cartons and the balance 100 cartons returned (Debit note) to the manufacturer. Only submitting ARE1 in proof of the completion of exports to the authority who issued CT1, they asked for the Duty of the balance 100 Cartons. We are exporting the balance quantity in the next consignment scheduled on 15-Oct-2016. Do we have to pay duty? Can we hold Goods upto 6 months? Whats the Central Excise proceudre in those situations?