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Dear Sir,
Matter is not get cleared. Please inform your suitable suggestion in this regard.
In my opinion, since there is no removal of patterns from your factory, no duty is payable. You can raise the invoice by charging appropriate VAT and clearly mention that the pattern is retained in the factory for production of parts. You will be required to claim exemption under Notification 67/95 for captive consumption and show the same in your monthly return. Important point is that you will be required to amortise the cost of pattern over the parts / castings produced from the pattern.
Dear Sir, Thanks you very much for your reply and suggestion. We will follow this procedure.
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