https://www.taxtmi.com/forum/issue?id=108723 Storage of duty free inputs procured under an advance authorisation outside factory premises requires prior permission from the competent customs/central excise authority or jurisdictional Commissioner and compliance with conditions under the cenvat/advance authorisation framework. Holders must maintain custody, file requisite security backed by a bank guarantee for duty difference, and keep records (MRNs and stock accounts); failure to account satisfactorily may result in duty demands with interest and penalties. en-us Tue, 09 Jun 2015 13:33:30 +0530 Thu, 23 Jan 2025 15:56:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=108723 Storage of duty free inputs procured under an advance authorisation outside factory premises requires prior permission from the competent customs/central excise authority or jurisdictional Commissioner and compliance with conditions under the cenvat/advance authorisation framework. Holders must maintain custody, file requisite security backed by a bank guarantee for duty difference, and keep records (MRNs and stock accounts); failure to account satisfactorily may result in duty demands with interest and penalties. Discussion-Forum Central Excise Tue, 09 Jun 2015 13:33:30 +0530 https://www.taxtmi.com/forum/issue?id=108723