Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Discussions Forum
Home Forum Central Excise This
A Public Forum.
Anyone can participate to share knowledge.
We acknowledge the contributions of Experts/ Authors.

Submit new Issue / Query

Captive consuption to be shown in ER-1 Return filed through ACES system -reg, Central Excise

Issue Id: - 110854
Dated: 29-8-2016
By:- vinay wakde

Captive consuption to be shown in ER-1 Return filed through ACES system -reg


  • Contents

We have issued some quantity of finished goods for captive consumption (re-cycle) within the factory purposes, as the quality of said goods is deteriorated and not marketable. How to show the quantity of captive consumption in ER-1 to be filed through ACES system. We have observed that these is no option in the format.

Regards,

VINAY

Posts / Replies

Showing Replies 1 to 3 of 3 Records

Page: 1


1 Dated: 29-8-2016
By:- KASTURI SETHI

Sh.Wakde Ji,

Under Rule 12 of Central Excise Rules, 2002, ER-1 has been prescribed for production and removal of excisable goods from the factory. You have not removed the defective finished goods from the factory. Hence no column. However, there is Rule 12 BB against serial no. 4 but it does not cover your issue. Captive consumption is for intermediate product to be used in the manufacture of final product (dutiable). Here is not such situation. Rule 12 under which ER-1 return is filed has no mention of captive consumption notification no.67/95-CE and other notification amending 67/95-CE. Your books of accounts and other records including RG.1 (Finished Stock Register) are sufficient for accountal of goods used for captive consumption.


2 Dated: 29-8-2016
By:- Ganeshan Kalyani

Sir, excise duty is on removal of goods from the factory premises. When the goods (now recycled) was not being removed at all then there is no removal happened and therefore no excise duty is applicable. Further after recycling the final product would attract excise duty on removal. Thanks.


3 Dated: 29-8-2016
By:- Ganeshan Kalyani

Sir, I agree with Sri Kasturi Sir's reply. It enriched my knowledge. Thanks.


Page: 1

Old Query - New Comments are closed.

Quick Updates:Latest Updates