https://www.taxtmi.com/forum/issue?id=110183 Related party sales must be supported by a Cost Accountant certificate (CAS 4) certifying the prescribed mark up on cost and by the underlying cost records; auditors may examine the basis of the certificate. CAS 4 should follow cost accounting standards and be obtained when cost structure changes. Engage a cost accountant to determine assessable value and timing of certification. An administrative circular prescribing a different mark up for captive consumption raises a question whether that mark up or the related party provision governs transfers within group units. en-us Wed, 13 Apr 2016 16:50:55 +0530 Thu, 23 Jan 2025 15:56:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=110183 Related party sales must be supported by a Cost Accountant certificate (CAS 4) certifying the prescribed mark up on cost and by the underlying cost records; auditors may examine the basis of the certificate. CAS 4 should follow cost accounting standards and be obtained when cost structure changes. Engage a cost accountant to determine assessable value and timing of certification. An administrative circular prescribing a different mark up for captive consumption raises a question whether that mark up or the related party provision governs transfers within group units. Discussion-Forum Central Excise Wed, 13 Apr 2016 16:50:55 +0530 https://www.taxtmi.com/forum/issue?id=110183