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Storage of inputs imported duty free under Advance authorisation out side factory premises.

Central Excise - Started By: - Narendra Soni - Dated:- 8-6-2015 Last Replied Date:- 10-6-2015 - Dear Expert,Please let us suggest procedure and Rule under which we can store our inputs imported under Advance Authorisation out side factory premises. - Reply By Rajagopalan Ranganathan - The Reply = Sir, Rule 8 of CENVAT Credit Rules, 2004 stipulated that- The Deputy Commissioner of Central Excise or the Assistant Commissioner of Central Excise, as the case may be, having jurisdiction over the fact .....

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rer of the final products shall pay an amount equal to the credit availed in respect of such input. In your case you are importing the the inputs under Advance Authorization without payment of duty I feel you need not take any permission from the jurisdictional Deputy/Assistant Commissioner. However you have meet you obligation under FTP and the conditions imposed by DGFT. - Reply By Narendra Soni - The Reply = Thanks for valuable guidance.We have granted permission under Rule 8 for storage of C .....

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