TaxTMI 
TaxTMI 
Procedure and facilities for large taxpayer.- Notwithstanding anything contained in these rules, the following procedure shall apply to a large taxpayer,
X X X X Extracts X X X X
X X X X Extracts X X X X
....r invoice, from any of his registered premises (hereinafter referred to as the sender premises) to his other registered premises, other than a premises of a first or second stage dealer (hereinafter referred to as the recipient premises), for further use in the manufacture or production of final products in recipient premises subject to condition that (a) the final products are manufactured or produced using the said inputs and cleared on payment of appropriate duties of excise leviable thereon within a period of six months, from the date of receipt of the inputs in the recipient premises; or (b) the final products are manufactured or produced using the said inp....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ly in the manufacture of exempted goods, or such capital goods are cleared as such from the recipient premises, an amount equal to the credit taken in respect of such capital goods by the sender premises shall be paid by the recipient premises with interest in the manner and rate specified under rule 14 of these rules: Explanation 2: If a large taxpayer fails to pay any amount due in terms of the first and second proviso, it shall be recovered along with interest in the manner as provided under rule 14 of these rules: Provided also that nothing contained in this sub-rule shall be applicable if the recipient premises is availing following notifications of Governm....
X X X X Extracts X X X X
X X X X Extracts X X X X
....bsp; ^2{(viii) No.20/2007-Central Excise, dated the 25th April, 2007 [ GSR 307 (E), dated the 25th April, 2007]}; ^3{(ix) No. 1/2010-Central Excise, dated the 6th February, 2010 [G.S.R. 62 (E), dated the 6th February, 2010]} Provided also that nothing contained in this sub-rule shall be applicable to a export oriented unit or a unit located in a ElectronicHardwareTechnologyPark or SoftwareTechnologyPark. (2) The first recipient premises may take CENVAT credit of the amount paid under first proviso to sub-rule(1) as if it was a duty paid by the sender premises....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... credit transferred and the particulars of such entry as mentioned in clause (i), and such recipient premises can take CENVAT credit on the basis of such transfer challan as mentioned in clause (ii): Provided that such transfer or utilisation of CENVAT credit shall be subject to the limitations prescribed under clause (b) of sub-rule (7) of rule 3. Provided further that nothing contained in this sub-rule shall be applicable if the registered manufacturing premises is availing following notifications of Government of India in the Ministry of Finance (Department of Revenue), - &n....
X X X X Extracts X X X X
X X X X Extracts X X X X
....il, 2007 [ GSR 307 (E), dated the 25th April, 2007]} ^4{(ix) No. 1/2010-Central Excise, dated the 6th February, 2010 [G.S.R. 62 (E), dated the 6th February, 2010]} (5) A large taxpayer shall submit a monthly return, as prescribed under these rules, for each of the registered premises. (6) Any notice issued but not adjudged by any of the Central Excise officer administering the Act or rules made thereunder immediately before the date of grant of acceptance by the ^6[Principal Chief Commissioner of Central Excise or Chief Commissioner of Central Excise, as the case may be], Large Taxpayer Unit, shall be deemed to have been iss....