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Use of finished goods entered into RG1 register for further manufacturing - procedure thereof
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....se of finished goods entered into RG1 register for further manufacturing - procedure thereof<br> Query (Issue) Started By: - Suminder Patial Dated:- 6-4-2010 Last Reply Date:- 8-4-2010 Central Excis....
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....e<br>Got 1 Reply<br>Central Excise<br>hi, Can I remove the goods which are in RG1 register into production again? is ther any procesdure avaliable for removal of goods from RG1 into production ? Reply....
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.... By Surender Gupta: The Reply: There is no restriction in the central excise law. You must kept in mind that goods once produced and completed in all respect, can be removed only on payment of applica....
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....ble rate of duty. Therefore, entry in RG-1 register is sufficient to prove that goods were completed in all respect. However, notification 67/95 allows the manufactured goods (completed goods)to be us....
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....ed captive in the manufacture of another excisable goods. Therefore, you need to check that the final goods are excisable or not. If the final goods are excisable goods, you can remove the goods from ....
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....RG-1 to production again without payment of duty. But, if the final goods are not excisable, in that you can remove the goods from RG1 to production only after payment of appropriate duty of central e....
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....xcise.<br> Discussion Forum - Knowledge Sharing ....