https://www.taxtmi.com/caselaws?id=104775 Duty-paid components received from outside and stored in a licensed premises for further manufacture did not require separate prior permission under Rule 51A where the applicable trade notice and rules covered such retention. The ruling treated Modvat-recognised duty-paid inputs as permitted goods and read the Board's trade notice as allowing storage of components for further manufacture without additional approval. On that basis, penalty under Rule 210 was not sustainable because the underlying storage was not in breach of the governing excise controls. en-us Tue, 05 Mar 2002 00:00:00 +0530 Thu, 01 Mar 2012 12:18:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104775 Duty-paid components received from outside and stored in a licensed premises for further manufacture did not require separate prior permission under Rule 51A where the applicable trade notice and rules covered such retention. The ruling treated Modvat-recognised duty-paid inputs as permitted goods and read the Board's trade notice as allowing storage of components for further manufacture without additional approval. On that basis, penalty under Rule 210 was not sustainable because the underlying storage was not in breach of the governing excise controls. Case-Laws Central Excise Tue, 05 Mar 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104775