FINISHED GOODS TO BE KEPT AS STOCK IN OUR OTHER REGISTERED SISTER CONCERN

[SURYAKANT MITHBAVKAR]

Due to non availability space in one unit can we keep final product to our other registered unit as storage.if yes how to clear that product and waht type of record we have to maintain. Whether any permission require?

AI Summary

Storing goods at a different registered unit is allowed under Rule 4(4) with Jurisdictional Commissioner's approval. A query was raised regarding the storage of finished goods at a different registered unit due to space constraints. The response confirmed that it is permissible to store goods at another registered location under Rule 4(4) of the Central Excise Rules 2002. However, it requires obtaining permission from the Jurisdictional Commissioner of Central Excise & Customs and adhering to specified conditions. The same response was reiterated twice, emphasizing the need for official approval and compliance with the stipulated requirements.