Periodicity of CAS-4 Certificate: issue certificate by the end of the following calendar year and expedite provisional assessment. Assessees must prepare CAS 4 certificates for cost of production of captively consumed goods in accordance with Cost Accounting Standard CAS 4; certificates for a financial year ending on 31 March must be issued by the end of the following calendar year, after which assessing officers shall finalize provisional assessments expeditiously, with reference to the CBEC circular for procedural details and a request to trade bodies to publicize and report implementation difficulties.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Periodicity of CAS-4 Certificate: issue certificate by the end of the following calendar year and expedite provisional assessment.
Assessees must prepare CAS 4 certificates for cost of production of captively consumed goods in accordance with Cost Accounting Standard CAS 4; certificates for a financial year ending on 31 March must be issued by the end of the following calendar year, after which assessing officers shall finalize provisional assessments expeditiously, with reference to the CBEC circular for procedural details and a request to trade bodies to publicize and report implementation difficulties.
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