9911796707
TMI Blogsrennder of c. ex licenceX X X X Extracts X X X X X X X X Extracts X X X X ..... srennder of c. ex licence X X X X Extracts X X X X X X X X Extracts X X X X ..... ck and Captiatl goods Waht is the procidure and when to Surrender the Licence and what is the procidure. Thanks and regards K.D.Pai Reply By Naveed S: The Reply: Refer rule 10 of cenvat credit rules 2004. No need for surrender, only amendment in the registration is to be done. Contact your present Jurisdictional Range Officer for necessary guidance in the matter. Reply By MUKUND THAKKAR: T ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he Reply: Dear Pai, you have two option in your querry, first follow the procedure rule 10, this situation may be time consumed, and may delay for the procedure with the dept. second option is you have to apply for new registration for your pune place, after getting the registration cleared the Inputs from your mumbai factory, paid the duty under head of " input as such" and take the credit a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t pune place. now question arised for finished goods, if you remove the finished goods which is not entitle for availment of cenvat credit. so keep the stock at mumbai premises and cleared all finished goods from their. after your stock status come to nil in RG-1 than surrender the registration at mumbai, please ensure that no any goverment dues by way of SCN pending with the dept at mumbai fact ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ory. if any goverments due are pending your request for surrender not consider by the dept. after the payments of scn and other issue your surrender request may be consider. surrender activity should be do thru ACES only after the pending payments if any.
Mukund Thakkar X X X X Extracts X X X X X X X X Extracts X X X X
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