Addition storage space for raw material
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 October 2013
Dear Sir,
We have manufacturing unit (Proprietor firm)and we have take new place just beside the above unit under Pvt ltd. entity (Commercial operation not started). Now we want to storage raw material in new place. what is the procedure under central excise act for availing the new premises as additional raw material storage for the existing manufacturing unit.
We have manufacturing unit (Proprietor firm)and we have take new place just beside the above unit under Pvt ltd. entity (Commercial operation not started). Now we want to storage raw material in new place. what is the procedure under central excise act for availing the new premises as additional raw material storage for the existing manufacturing unit.
31 October 2013
If manufacturer is unable to store the inputs inside the factory for want of space, hazardous nature of goods etc. He can store the inputs outside the premises.The storage point will be treated as extension of the factory. Permission from Assistant/Deputy Commissioner is necessary under rule 8 of Cenvat credit rules 2004.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GSTR-1A How to update Invoice
- Excess salary payment.
- Stamp Paper for partnership firm change new income tax 2025
- TDS on Purchase of Immovable Property by NRI from NRI
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Capital gain from sale of house property
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Regarding TDS Applicability For Director Remuneration
- FORM 26A APPLICABILITY
- Annual return in Gst
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
