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Procedure to send tools and dies into vendor for production, Central Excise

Issue Id: - 105998
Dated: 20-8-2013
By:- Sanjeev Kashyap

Procedure to send tools and dies into vendor for production


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Can some one help me to tell the procedure for sending Tools and Dies into vendor premises for production, without any cost involved as RGP !!

 

Thanks,

Sanjeev Kashyap

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Page: 1


1 Dated: 20-8-2013
By:- Pradeep Khatri

Under Rule 4 5(a), you can send the tools and dies to the vendor premises for production of inputs/components on your specification.

The cost of tools and dies should be amortises in the assessable value of the input/components at the time of removal of the same from the vendors' premises.


Page: 1

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