22 December 2009
(1) You should maintain bond register,credit the bond amount and debit the duty after shifment you can credit the duty,performa of bond register available central excise manaual. (2)Where the goods are manufactured during job work, the job worker would be liable to pay duty of excise on the goods so manufactured unless the principal manufacturer who has supplied him the goods for job work, furnishes a declaration under Notification 214/86 dated 25.03.1986 which exempts goods manufactured by a job worker from duty of excise provided the said goods after job work are returned to the principal or cleared for export or cleared for home consumption on payment of duty of excise. Removals for job work under Rule 4(5) (a) of the Cenvat credit rules presume that the declaration under 214/86 is met. Where the goods are returned to the principal, the principal should either clear it on payment of duty or use it in his manufacturing process which should result in a dutiable product being manufactured. The declaration as stated above should be given to the Assistant Commissioner of Central Excise who has jurisdiction over the factory of the job worker.
23 December 2009
There is no Performa prescribed for the maintenance of Letter of Undertaking. Though a simple account is required to satisfy the Assistant Commissioner to the effect at the time of discharge that goods has been exported with in time and duty or interest, if any have been paid.
Secondly in the present rules no permission is required to remove the goods for carrying out job work. However the activities in job work are amounts to manufacture, then an undertaking is to be filed to the Assistant Commissioner having jurisdiction over the job worker factory for enabling him to return goods without payment of duty in terms of the Notification No. 214/86-CE dated 25.03.1986. For further query, feel free to write firstname.lastname@example.org (M-09350048731) or visit, HNO. 2489/8,Faridabad(Haryana)