CENVAT CREDIT OF GODOWN

I think You cannot take credit in such case... There is Provision in Rule 8 of Cenvat Credit Rules, by which If we get permission of Divisional AC/DC, he may allow us to store Inputs outside the factory and in that case we can take credit of such inputs....

Anyways, Whenever such raw material enters your factory for processing/production, book your credit on it.... but you cant claim it on thta RM lying in that hired godown.