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Clearance of non moving finished goods


R P Ananthakumar (Sr. Officer - Central Excise/Cash)     17 November 2010

R P Ananthakumar
Sr. Officer - Central Excise/Cash 
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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....

sachin kakkar

sachin kakkar (CA)     24 November 2010

sachin kakkar
CA 
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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

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

R P Ananthakumar
Sr. Officer - Central Excise/Cash 
 54 likes  514 points

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Dear Sir,

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

sachin kakkar

sachin kakkar (CA)     24 November 2010

sachin kakkar
CA 
 13 likes  188 points

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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)


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