TaxTMI 
TaxTMI 
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
STORE INPUT AND FINISHED GOODS
31 Dec 2012 
2 Replies 
1548 Views Asked by
Warehousing provisions allow removal of excisable goods to warehouses without duty, subject to conditions and consignee liability.
Warehousing provisions permit removal of excisable goods from a factory to a warehouse or between warehouses without payment of duty when notified by the Government, subject to conditions, safeguards, limitations and prescribed procedures. The consignee is responsible for payment of duty on goods removed to or between warehouses; if goods dispatched for warehousing are not received, the consignor is liable. For inputs off-site storage, Rule 8 of the CENVAT Credit Rules applies; finished goods require prior permission from the Commissioner of Central Excise. (AI Summary)
Warehousing provisions permit removal of excisable goods from a factory to a warehouse or between warehouses without payment of duty when notified by the Government, subject to conditions, safeguards, limitations and prescribed procedures. The consignee is responsible for payment of duty on goods removed to or between warehouses; if goods dispatched for warehousing are not received, the consignor is liable. For inputs off-site storage, Rule 8 of the CENVAT Credit Rules applies; finished goods require prior permission from the Commissioner of Central Excise. (AI Summary)