Removal of waste and scrap arising out of the inputs on which Modvat credit has been taken - Instructions regarding

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

..../88-CX.8] Government of India Ministry of Finance (Department of Revenue) Central Board of Excise & Customs, New Delhi Subject : Removal of waste and scrap arising out of the inputs on which Modvat credit has been taken - Instructions regarding. I am directed to invite your attention to the Board's instructions contained in Cir. No. l5/89-CX.8, dated 19-4-1989 (F.No. 261/76/2/88-CX.....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....refining, reconditioning or carrying out any other operations necessary for the manufacture of final products or for manufacture and return of the intermediate products to the factory for further use in the manufacture of final product. Rule 57F (2) does not cover removal of waste or scrap outside the factory. Such removal of waste and/or scrap is instead governed by the provisions of Rule 57F(4) ....