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Procedure for Scrap of Non Moving finished product - reg


R P Ananthakumar (Sr. Officer - Central Excise/Cash)     20 October 2010

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

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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.

U S Sharma

U S Sharma (glidor@gmail.com)     01 December 2010

U S Sharma
glidor@gmail.com 
 1741 likes  21031 points

View Profile | My Other Post

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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