Dear All,
Good Morning.
1) Is CAS -4,applicable for Sale of goods from Ware house?
In our case we are manufacturing product and sending product to warehouse,At warehouse We are packing them and affixing same price which is at factory only.
Now the Excise Dept asking for CAS-4,certification from Cost Accountant .is it required?
Thanks in advance.
No CAS-4 Certification Needed for Goods Sold from Warehouse, No Price Variation Involved. Further Discussion Advised. A query was raised regarding the necessity of CAS-4 certification for goods sold from a warehouse. The inquirer manufactures products, sends them to a warehouse for packaging, and maintains the factory price. Respondents debated whether CAS-4 is required, with one stating it is unnecessary unless for captive consumption. Another highlighted that while CAS-4 is typically for captive consumption, the Excise Department might request a cost structure certificate for cross-verification of excisable products. Ultimately, it was concluded that CAS-4 is not needed since there is no price variation or further manufacturing involved, suggesting further discussion with authorities if needed. (AI Summary)