9911796707
TMI BlogDestruction of GoodsX X X X Extracts X X X X X X X X Extracts X X X X ..... or permission of destruction of goods in order to get remission of duty payable on such goods, is as follows: - 1. An application in duplicate to the Range Officer is to be submitted giving following information - Details of the goods required to be destroyed, Reasons for destruction, Proof that the goods have become unfit for consumption. - Ordinarily the views of assesses t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... order, grant permission (for destruction of goods and remission of duty) within a period of 21 days or earlier, if possible. Where samples are drawn, such permission should be granted within 45 days. 4. Actual destruction should be supervised by competent excise authority, according to the monetary limit, as follows: - By Inspector - if amount of duty is upto Rs.5,000/- By Superint ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... for destruction of goods. 7. The clearance of goods, within or outside the factory premises, shall be done under an invoice, indicating 'Nil' duty. The order permitting destruction and remission should be quoted on the invoice. As far as possible destruction should be made inside the factory. 8. The goods should be destroyed in such a manner that they become irretrievable as excisable commod ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... port to his immediate superior, countersigned by the factory manager and the factory officer in the prescribed form. 10. When excisable goods are manufactured out of the inputs goods on which Cenvat credit was availed, proportionate credit should be reversed before destruction of such goods. - Manuals - Ready reckoner - Law and practice - Reference Guide - Quick Commentary Tax Management I ..... X X X X Extracts X X X X X X X X Extracts X X X X
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