https://www.taxtmi.com/circulars?id=6199 Directives require verification that Central Excise registration is not exploited merely to transfer Modvat credit by persons lacking proper business premises or arrangements for receipt, storage and onward despatch of excisable goods. Range officers, Audit and Preventive staff must check physical premises and transport/documentary records to ensure registered dealers actually deal in excisable goods and are not name lenders or fictitious entities; selective checks may be conducted with written permission of the jurisdictional Assistant Collector. en-us Mon, 24 Oct 1994 00:00:00 +0530 Tue, 30 Jun 2009 16:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=6199 Directives require verification that Central Excise registration is not exploited merely to transfer Modvat credit by persons lacking proper business premises or arrangements for receipt, storage and onward despatch of excisable goods. Range officers, Audit and Preventive staff must check physical premises and transport/documentary records to ensure registered dealers actually deal in excisable goods and are not name lenders or fictitious entities; selective checks may be conducted with written permission of the jurisdictional Assistant Collector. Circulars Central Excise Mon, 24 Oct 1994 00:00:00 +0530 https://www.taxtmi.com/circulars?id=6199