TaxTMI 
TaxTMI 
meaning of by products and intermediate products
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....eaning of by products and intermediate products<br> Query (Issue) Started By: - SRINIVAS B V Dated:- 9-9-2015 Last Reply Date:- 9-9-2015 Central Excise<br>Got 2 Replies<br>Central Excise<br>Hi All,....
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.... Can anyone explain in detailed on difference between by-products and intermediate products with an example please? Reply By umesh subramanyam: The Reply: BY-product is a product that is not intend....
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....ed to manufacture but emerges during the process of manufacturing a particular goods. Essentially by-product is a secondary and sometimes unexpected consequence and is made during the manufacture of s....
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....omething else. Whereas an intermediate goods is a goods that is manufactured with a purpose, which can be either used for the manufacture of an intended final product as such or sold as a final produ....
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....ct itself. If you use it,, within your own factory, in the manufacture of a final product using this intermediate product it is called captive consumption. Reply By SRINIVAS B V : The Reply: Thank y....
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....ou very much<br> Discussion Forum - Knowledge Sharing ....