Endorsement of subsidiary gate passes - Request regarding - Central Excise - 70/88-CX-8

Endorsement of subsidiary gate passes - Request regarding Circular No. 70/88-CX-8 Dated 4-1-1989 [From F. No. 263/26/88-CX.8] Government of India Ministry of Finance (Department of Revenue) Central Board of Excise Customs, New Delhi Subject : Endorsement of subsidiary gate passes - Request regarding. Representations have been received from various trade associations requesting that the certificates and subsidiary gate passes issued by public sector undertakings/canalising agencies like Mineral Metal Trade Corporation/State Trade Corporation/Steel Authority of India Ltd. etc. should be permitted to be endorsed to jobp workers for purposes of availing Modvat credit thereon. The matter has been examined by the Board. It has been decided that the subsidiary gate passes/certificates issued by the aforesaid agencies may be permitted to be endorsed for purposes of availing Modvat credit only in case the entire material covered by such document is sent to another person. Instructions issued vide Board's F. No. 267/17/88-CX-8, dated 19-2-1988, stand modified to the effect. The above instructions may be brought to the notice of the field formations. Trade interests may also be suitably informed. Receipt of this letter may please be acknowledged.