Storage of Capital Goods such as Machines outside of Factory

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..... Dear Sir, We have manufacturing unit registered under Central excise and paying excise duty on our final product and taking Cenvat on Input, Input Service and Capital goods. Our some of the machines (Capital goods) has been obsoleted and we want to store these machines at other place i.e. Godown taken on rent due to shortage of space in factory and reconditioning the same in Godown. In that cas .....

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..... e, please confirm us whether we have to take permission from Excise department or we have to give intimation in Excise department for storage of machines outside factory i.e. Godown for the above reason. Is there is any provision in central excise for storage machines outside factory. Please confirm also can we shift machines in Godown without any permission from Central excise deptt. or intimati .....

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..... on in excise department. Please give reply by covering both situautions i.e machines on which we had taken Cenvat and Machines on which we had not taken any Cenvat. Regards Pankaj Gupta M-09212401641 - Reply By B. Naga Rami Reddy - The Reply = Sir, You can clear capital goods under Rule 4(5)(a) of Cenvat Credit Rules 2004 for repair and reconditioning and bring the goods back in 180 da .....

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..... ys. You have to maintain record of such clearance and it is better to keep the dept informed. - Reply By PANKAJ GUPTA - The Reply = Dear Mr. B.Naga Rami Reddy Please send your reply in line of query raised by me with supporting of applicable excise law. Regards Pankaj Gupta - Storage of Capital Goods such as Machines outside of Factory - Query Started By: - PANKAJ GUPTA Dated:- 20-5-2015 C .....

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..... entral Excise - Got 2 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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