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Unit 5: Clearances of Excisable Goods
Pooja, Lovely Professional University

Unit 5: Clearances of Excisable Goods Notes

CONTENTS
Objectives

Introduction

5.1 Rules for clearance or removal of goods under Central Excise Rules
5.2 Conditions and Limitations
5.3 Sealing of goods and examination at place of dispatch

5.4 Dispatch of goods by self-sealing and self-certification

5.5 Examination of goods at the place of export
5.6 Procedure for Export to all countries (except Nepal and Bhutan) without Payment of
Duty
5.7 Remission of duty on goods used for special Industrial purposes
5.8 Determination of Value

5.9 CENVAT

5.10 Summary
5.11 Keywords
5.12 Review Questions

5.13 Further Readings

Objectives

After studying this unit, you should be able to:

 Know about Excisable Goods
 Understand clearances of Excisable Goods
 Know about Self Removal Procedure

Introduction

Removal or clearance means transfer of goods from factory after it finished and excisable.
Clearance is a time when excise officer can demand his excise duty. In exercise of the powers
conferred by section 37 of the Central Excise Act, 1944 (1 of 1944), and in supersession of the
Central Excise (Valuation) Rules, 1975 except as respect things done or omitted to be done before
such supersession, the Central Government. The value of the excisable goods shall be based on
the value of such goods sold by the assessee for delivery at any other time nearest to the time of
the removal of goods under assessment, subject, if necessary, to such adjustment on account of
the difference in the dates of delivery of such goods and of the excisable goods under assessment,
as may appear reasonable.

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