TaxTMI 
TaxTMI 
FINISHED GOODS TO BE KEPT AS STOCK IN OUR OTHER REGISTERED SISTER CONCERN
16 Dec 2010 
2 Replies 
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Storage of finished goods off-site requires Commissioner permission under Rule 4(4) and adherence to specified conditions.
Storage of finished goods at another registered premises is permitted only with express permission from the jurisdictional Commissioner of Central Excise and Customs under the rule allowing storage outside manufacturing premises in exceptional circumstances; such permission can allow storage without payment of duty subject to specified conditions, and the manufacturer must comply with those conditions and maintain required records for movement and custody of stock. (AI Summary)
Storage of finished goods at another registered premises is permitted only with express permission from the jurisdictional Commissioner of Central Excise and Customs under the rule allowing storage outside manufacturing premises in exceptional circumstances; such permission can allow storage without payment of duty subject to specified conditions, and the manufacturer must comply with those conditions and maintain required records for movement and custody of stock. (AI Summary)
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?