banner_ad

Clearance of non moving finished goods

2257 views 3 replies

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....

Replies (3)

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

Dear Sir,

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

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)


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
06 May 2026
Account Assistant / Article Clerk

V.K. Ranjan & Co(Chartered Accountants)

New Delhi

B.Com

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details