Transfer of duty free raw materials – special concession to LTUs.
In the case of Large Taxpayer Units (LTUs) having multiple units, transfer of duty free raw material imported against the Advance Authorisation may be permitted from one unit of the company to another unit, without following the job work procedure, after fulfillment of the export obligation subject to the condition that no CENVAT benefit has been claimed on the transferred inputs and the addresses of all such units are listed in the IEC issued to the LTUs.
PUBLIC NOTICE NO. , Dated: May 31, 2006