Due to space problem, An excise unit can put their imported raw material stock in other premises hire on rent. What is procedure of it ?
CA. BIJENDER KR. BANSAL (ACA, B.COM) (8148 Points)
11 August 2008
Due to space problem, An excise unit can put their imported raw material stock in other premises hire on rent. What is procedure of it ?
CA. RAGHAV GARG
(CHARTERED ACCOUNTANT)
(710 Points)
Replied 18 August 2008
Originally posted by :CA. B.K.BANSAL | ||
" | Due to space problem, An excise unit can put their imported raw material stock in other premises hire on rent. What is procedure of it ? |
" |
yes, any excise unit can put their imported raw material stock in other premises hire on rent provided he have taken permission from ac/dc
as per rule 8, ac/dc may permit to store inputs, outside factory