Storage of inputs outside factory: permitted with conditions; CENVAT credit must be repaid if inputs are not used as specified. Permission to store inputs against CENVAT credit outside a manufacturer's factory may be granted by the Deputy or Assistant Commissioner of Central Excise in exceptional circumstances, subject to limitations and conditions; if such input is not used as specified in the rules, the manufacturer must pay an amount equal to the credit availed.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Storage of inputs outside factory: permitted with conditions; CENVAT credit must be repaid if inputs are not used as specified.
Permission to store inputs against CENVAT credit outside a manufacturer's factory may be granted by the Deputy or Assistant Commissioner of Central Excise in exceptional circumstances, subject to limitations and conditions; if such input is not used as specified in the rules, the manufacturer must pay an amount equal to the credit availed.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.