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Clearance of non moving finished goods

R P Ananthakumar (Sr. Officer - Central Excise/Cash) (514 Points)

17 November 2010

Please explain anyone that what is the procedure for scrapping of non moving finished goods, it is shown in Excise RG1 stock register also.

Thanks....

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3 Replies

sachin kakkar (CA) (188 Points)
Replied 24 November 2010

no problem... if the final product is non excisable then its scrap is also non excisable... as in your case final prod. is im-movable so non exciasable cosiquently the scrap is also non excisable

R P Ananthakumar (Sr. Officer - Central Excise/Cash) (514 Points)
Replied 24 November 2010

Dear Sir,

Thanks for your reply. Iam asking about excisable goods and it is in Excise RG1 stock ledger also.

sachin kakkar (CA) (188 Points)
Replied 24 November 2010

Originally posted by : Ananthakumar Palanisamy
	Please explain anyone that what is the procedure for scrapping of non moving finished goods, it is shown in Excise RG1 stock register also. Thanks....

you are saying that "non movable fg". movability is the conclusive test of exisability... an immonavle finishd good cannot be excisable even if mentioned in CETA. relevent case studies are 1. " bhore industries limited (sc) " & 2. "munciple commitee of greater mumbai (sc)