Tool remove without duty

[Avinash Bhavsar]

Dear Sir,

 Can we remove the Tools from factory without payment of duty as per Notification 67/65, kindly guide us

 Regards,

Avinash Bhavsar

[r.rajkumar kumar]

without paying duty one can use th tools as per the noticiation. but while removing from factory

duty has to be paid.

AI Summary

Removal of tools from factory premises triggers excise duty liability even if factory use was exempted under notification. Tools may be used within a manufacturing premises without payment of excise duty under the applicable notification while they remain in factory custody. Physical removal of the tools from the factory terminates that exemption and triggers excise duty liability payable upon removal, unless a different statutory exemption applies.