Temporary storage of material in Rented godown

Amit (Service) (457 Points)

19 April 2008  

Dear All,

This query is related to Excise Rules

Can the company on rental basis take a godown for storage of input material as a temporary adjustment ( for 4-5 months ) ?

If yes , From excise angle what precautions shall company need to take?

Kindly reply.......