- 206/01/2017-CX 6
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
CENTRAL BOARD OF EXCISE AND CUSTOMS
North Block, New Delhi
Dated the 16th of February, 2017
Principal Chief Commissioners/ Chief Commissioners of Central Excise (All)
Principal Chief Commissioners/ Chief Commissioners of Central Excise and Service Tax (All)
Directors General, DGCEI
Sub: Periodicity of CAS-4 certificates-reg.
Kind attention is invited to Board’s Circular No. 692/08/2003-CX dated 13th February, 2003 by which it was clarified that cost of production of captively consumed goods shall be done strictly in accordance with CAS-4.
- Instances have been highlighted during C &AG audit that some assessees are not preparing CAS-4 certificates even after substantial time lapse from ending of financial year and filing of Tax Audit reports and therefore these assessees could not calculate the differential duty.
- In this regard, it is directed that assessees should be requested that CAS-4 certificate of the financial year ending on 31stMarch shall be issued by 31stDecember of the next financial year. For example, for the Financial Year 2016-17, CAS-4 certificate should be issued by 31.12.2017. The assessing officer shall thereafter finalize the provisional assessment expeditiously. Jurisdictional Commissioners shall suitably issue the trade facility in this regard.
- Difficulty, if any, in the implementation of this instruction may be brought to the notice of the Board. Hindi version will follow.
Shankar Prasad Sarma
Under Secretary to the Govt. of India