TMI BlogFinished Goods used for Remanufacturing or reprocessingX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir, We would like to inform u that as per logical using of finished goods for reprocessing of manufacring due to non marketability As a practical RG 1 and allied register maintain as per Central Excise Rule, 2002 and Cenvat Credit Rule, 2004 time to time amend by notification as a ahead accordingly RG 1 ( as a finished goods production and clearance registered with Duty payable ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ) is a Finished Goods register if any goods clearance form RG 1 through Sales or any other , through sales of finished good understanding all of them, but sales or clearance form RG 1 without payment of duty is not clear , Finished Goods out from RG 1 register for reprocessing and remanufacturing processing in our business demand and maintain a good quality . firstly finished goods check ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed by our quality control Department for the purpose of maintain a good quality but some goods is not a marketable, so that it s a reprocess able Finished Goods and remanufacutable so also be out form our RG1 (Finished goods Register ) without payment of duty , Phisical goods remove from finished goods location to production location for reprocessing purpose and in our ERP System., which is ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... not marketable under of Central Excise Act 1944 , not liable duty. Duty payable on Clearance of Finished goods form factory gate called as a Clearance and goods also be a marketable. my query is, in which rule or section covered under central excise law or any other law. if any case is decided by tribunal high court or suprime court of india, if any clearification issued by Board of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Central Excise, Service Tax and Custom Please advice to us above mention details related to any notification . if this information should inform to Supt. Of Central Excise office if yes , please provide rule or Section under central Excise law which is mention above sentence. Regards Arjun Sachdeva Mitsui Prime Advanced Composited India Pvt Ltd. Neemrana Cell No. 09251400801 - Re ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ply By Pradeep Khatri - The Reply = It would be better if you take a general permission from the Commissioner of Central Excise by stating the complete manufacturing process flow chart and by enumerating why it is necessary in your case to follow this practice. This will help you alot. - Reply By Naveed S - The Reply = 1) Inform the Jurisdictional Supdt. of your range about the procedure to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... be followed, as detailed below. 2) Maintain a separate register of finished goods showing closing balance of finished goods quantity ( as per Rg1 register) Enter date and time for taking out the finished goods for further reprocessing (with remarks thereon as to which process to be undertaken), and then re-add the same in the register with date and time, after completion of the reprocess. 3) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Also maintain and issue a Challan Book to be issued with the factory premises, at the time of taking out the finished goods for further process and making further entries in the same challan after completion of the reprocess. The authorised person shall sign the challan at both the times. 4) Just ensure that there is no variance in the weight difference. Else, the same can also be re-entered i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n the RG1 register, after informing the range supdt. - Finished Goods used for Remanufacturing or reprocessing - Query Started By: - MITSUI PRIME Dated:- 10-7-2012 Central Excise - Got 2 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - T ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... MITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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