Removal of moulds and dies to job-workers allowed duty-free with Commissioner permission and mandatory return conditions. The amendment inserts a sub-rule allowing removal of moulds and dies to a job-worker without payment of duty, subject to the Commissioner's permission and any terms and conditions he imposes, for production according to the manufacturer's specifications. It requires return of the manufactured goods and the moulds and dies to the supplying manufacturer's factory within three months or such extended period as permitted by the Commissioner; failure to return within the period triggers payment of duty equivalent to the credit taken on those moulds and dies.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Removal of moulds and dies to job-workers allowed duty-free with Commissioner permission and mandatory return conditions.
The amendment inserts a sub-rule allowing removal of moulds and dies to a job-worker without payment of duty, subject to the Commissioner's permission and any terms and conditions he imposes, for production according to the manufacturer's specifications. It requires return of the manufactured goods and the moulds and dies to the supplying manufacturer's factory within three months or such extended period as permitted by the Commissioner; failure to return within the period triggers payment of duty equivalent to the credit taken on those moulds and dies.
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