STORE INPUT AND FINISHED GOODS

[RAM SHARMA]

Dear Experts,

Due shortage of warehouse in manufacturing premises we want to store input material and finised goods to another manufacturing unit. Can we do it ? Pl tell procedure.

Thanks&Regards

AI Summary

Consult Rule 8 of CENVAT Credit Rules for inputs; Rule 20 for moving excisable goods without duty payment. A query was raised regarding the storage of input materials and finished goods at a different manufacturing unit due to warehouse shortages. An expert advised checking Rule 8 of the CENVAT Credit Rules, 2004 for inputs and suggested consulting the Commissioner of Central Excise for finished goods. The inquirer considered Rule 20, which allows excisable goods to be moved to a warehouse without duty payment, subject to conditions such as penalties, interest, and limitations. The responsibility for duty payment lies with the consignee or consignor if goods are not received in the warehouse.