Rg 23c part i - ?

SIVASIVA (FCA, Future CA) (4935 Points)

20 September 2013  

My Dear Friends,

please clarify about one important clarification.

RG 23C part I is all about the Quantity consumed details.  But in neither case, Capital Goods are not utilised in the production of Finished Goods.  Instead , only depreciation is claimed on usage.

Please clarify whethe RG 23C part I - Whether legally mandated???