Dear Friends,
We have two Factories, unit-I & unit-II, in different two places. directors are common, Finished goods are same, Balnce sheet are same. whether this two units are to be treated as related unit. As because when we want to send Semi finished goods from one unit to another then we have to take cost account certificate from CA, under CAS-4.What is the status. In manual conception is not clear.
yes the factories will be related and semi-goods sent from one factory to another will be valued @ 110% of cost under rule 8 as Captive Consumption of Excise Valuation Rules, 2004
Anupam Parashar & Co.
Ghaziabad
CA Final
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Austin Med Solutions Pvt Ltd
Bengaluru
CA
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Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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CA ANOOP P K & ASSOCIATES
Kozhikode
CA Inter
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Bharat Shah & Associates
Mumbai
CA Inter
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CCI
Pro
CAclubindia
