Documents requirement
pavazh (Cost Accountant) (68 Points)
08 July 2014pavazh (Cost Accountant) (68 Points)
08 July 2014
Harendra Kumar
(Tax Advisor )
(1326 Points)
Replied 09 July 2014
Dear Sir,
There is no burden for remove the material for inspection and quality check and other various processes.
In this regard two procedure applications on such material remove from factory premises i.e. under excise, 2002 and CENVAT Credit Rule, 2004.
In Excise you can avail the Notification 214/86 under prescribed manner form available on site or may be brought to the stationery shop. Time limit, if you send material in prescribed form then material will be come back within 180 days only otherwise duty applicable.
In CENVAT Credit Rule, 2004 under rule 4(3)(a) same manner.
If you having confusion in this regard plz forward the same.