Procedure for Scrap of Non Moving finished product - reg

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I request you to kindly explain that what is the procedure for scrapping the non moving and obsulute model final product products. these stocks are in Excise RG1.

Thanks in advance.

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,.  


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