Cenvat credit: principal importers may send raw sugar to job workers and claim input credit after certified receipt. Procedure allows a principal manufacturer who imported raw sugar under the exemption to send imported stock directly to job-worker refineries with prior AC/DC permission; transport documents must show importer and job-worker and permission reference. The job-worker must notify the AC/DC within 48 hours and obtain a certificate of receipt. Based on that certificate the principal manufacturer may claim cenvat credit and remains liable for duty on refined sugar; invoicing from the principal must be marked for clearance from the job-worker and the job-worker must maintain grain-to-grain records. Contract substitution or bond endorsement is permitted subject to other exemption conditions.
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.
Cenvat credit: principal importers may send raw sugar to job workers and claim input credit after certified receipt.
Procedure allows a principal manufacturer who imported raw sugar under the exemption to send imported stock directly to job-worker refineries with prior AC/DC permission; transport documents must show importer and job-worker and permission reference. The job-worker must notify the AC/DC within 48 hours and obtain a certificate of receipt. Based on that certificate the principal manufacturer may claim cenvat credit and remains liable for duty on refined sugar; invoicing from the principal must be marked for clearance from the job-worker and the job-worker must maintain grain-to-grain records. Contract substitution or bond endorsement is permitted subject to other exemption conditions.
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