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CAPTIVE CONSUMPTION

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(Querist)
07 January 2011 What is the meaning of the term "Captive Consumption" with reference to Cost Accounting..?
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Ram Avtar Singh

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Ram Avtar Singh (Expert)
07 January 2011 read in detail

https://www.icwai.org/icwai/docs/CASB/icwaicas4.pdf
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CMA. Subhash Kumar Jha

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CMA. Subhash Kumar Jha (Expert)
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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Arun Iyer

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Arun Iyer (Expert)
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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