https://www.taxtmi.com/forum/issue?id=4708 The rules require manufacturers seeking concessional excise removal to submit a separate prescribed application for each supplier, execute a general bond with surety/security for an officer determined amount, and obtain counter signature by the Assistant/Deputy Commissioner. Suppliers must record removal details on the application. Recipient manufacturers must keep invoice wise accounts of receipts, consumption for the specified purpose and stock, and file monthly returns by the tenth of the following month. Misuse, loss or diversion triggers recovery of the duty difference with interest and application of recovery provisions. en-us Fri, 14 Sep 2012 14:10:07 +0530 Thu, 23 Jan 2025 15:57:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=4708 The rules require manufacturers seeking concessional excise removal to submit a separate prescribed application for each supplier, execute a general bond with surety/security for an officer determined amount, and obtain counter signature by the Assistant/Deputy Commissioner. Suppliers must record removal details on the application. Recipient manufacturers must keep invoice wise accounts of receipts, consumption for the specified purpose and stock, and file monthly returns by the tenth of the following month. Misuse, loss or diversion triggers recovery of the duty difference with interest and application of recovery provisions. Discussion-Forum Customs Fri, 14 Sep 2012 14:10:07 +0530 https://www.taxtmi.com/forum/issue?id=4708