Menu
Procedure for Scrap of Non Moving finished product - reg
Replies (1)
write to your range officer, the quantity , approx value and reason for scrapping, and invite him to physically suprevise the destruction , ( they usualy dont visit such cases), make appropriate entry of destruction in DSA(earlier RG1), make 2nd entry of scrap generation out of destruction .........and now u have to pay duty on scrap generated out of it.
without intimation to range office, it will be disallowed,.
Recent Topics :
- Utilising Section 54(F) for capital gains reinvest
- GST ewaybill closure and Bill to ship to GST numbe
- TDS ON PARNTER INTEREST
- Share important chapters of ca inter costing
- Free CA Foundation Study Material - PYQs with Sugg
- INCOME TAX
- Moving from old to new tax regime after notice
- Need urgent help on notice
- ITR-3 - F&O Loss adjusted against business inc
- Error - Blank Rows in Schedule SI (ITR-2)
Related Topics :
CAclubindia
