CAPTIVE CONSUMPTION
This query is : Resolved
CA Saba Naaz
(Querist)
07 January 2011
What is the meaning of the term "Captive Consumption" with reference to Cost Accounting..?
Please reply.....
Please reply.....
Ram Avtar Singh
(Expert)
07 January 2011
read in detail
https://www.icwai.org/icwai/docs/CASB/icwaicas4.pdf
https://www.icwai.org/icwai/docs/CASB/icwaicas4.pdf
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07 January 2011
In simple terms...captive consumption means consumption of goods in the same factory or in the other factory relating to the same person.
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07 January 2011
Captive Consumption means the consumption of goods manufactured by one division or unit and consumed by another division or unit of the same organization or related undertaking for manufacturing another product(s).
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