TMI BlogRepair / Return / Re-entry of GoodsX X X X Extracts X X X X X X X X Extracts X X X X ..... goods, which provides that excisable goods which have been removed on payment of duty can be brought back to the same factory or any other factory also for the following purposes - 1. For re-making or 2. For re-fining or 3. For re-conditioning or 4. For any other reason (such as excess goods, non-acceptance of goods by buyer, for exhibition, due to accident etc.) According to this rule ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... also be brought in the factory for repairs etc. provided they are accompanied by the duty paying documents, otherwise permission from Commissioner will be required [Rule 16(3)]. After repair etc. goods can be sent to anyone. It is not necessary to sent the goods only to the person from whom these are received. Time limit: Rule 16 is silent with regard to the time limit within which goods c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ch goods the assessee shall have to pay an 'amount' equal to the Cenvat credit availed at the time of the receipt of such goods inside the factory. Thus the assessees position remains neutral as credit availed at the time of entry is paid as a duty at the time of removal. 2. Where the process undertaken amounts to manufacture - In case where the process undertaken by the assessee on th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ocessing and cleared as scrap or waste an amount equal to Cenvat credit availed should be paid i.e. Cenvat credit availed shall be reversed. Fresh duty is payable where fresh goods are sent as returned goods are scrapped. Where the assessee finds difficulty under Rule 16 - Where the assessee finds any difficulty in following the procedure given in Rule 16 such as where goods are not accompa ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
