02 May 2009
we are manufacturar exporter of medical disposable items in faridabad we also have another plant in sidcul haridwar(uttrakhand)which is duty free zone
we are importing mould on EPCG licence in faridabd and haridwar both plants we are transfering the moulds between the plants on the excise invoice without paying the excise duty as the transfer of the moulds as required for the production purpose
is it the right process if not pls advice the right process
can we transfer these moulds on the job work challan from one plant to another plant
pls advise us the right porcess for the movement for the moulds between our above plants
11 May 2009
Mould can be removed to other units as well as job workers premises on private documents as long as the account of the sameis being maintained. However if the mould were used exclusively in manufacture of exemted items you would not be eligible for the central excise duty credits under cenvat credit rules.