Respected Sir,
We are manufacturer and our factory premises is registered with Excise Department. Now, we wish to rent out some of portion of the said premises to other.
Please advise, can we rent out some portion . If, yes please let me know the procedure or formalities.
Thank
Narendra
Central Excise registration amendment required before renting part of registered factory premises to a third party. If a factory registered for central excise is divided into two independent units, the registrant may amend the registration certificate to specify only the area used for excise operations; after the registration is amended to cover the retained portion, the remaining part may be rented out. (AI Summary)