Understanding the ARE 1 Bond Receipts

You use the Receipt ARE-1 program (P75I344) to record the proof of export of goods. This program enables you to replenish the ARE 1 bond used to pay the excise duty. You replenish the bond after you receive the proof of receipt of export. The system stores the ARE 1 bond receipt details in the Print ARE-1/ARE-3 Bond Register table (F75I344Y) and Print ARE-1/ARE-3 Bond Register table (F75I344Y).

You also use this program to cancel an ARE 1 receipt. When you cancel a receipt, the system updates the ARE-1 Bond Register for Cancelled Receipts table (F75I344Y).

See also:

• Uploading AII, CII, and PLA Opening Balances, and Next Numbers