Periodicity of CAS-4 certificates - Central Excise - TRADE NOTICE No. 18/2016

OFFICE OF THE COMMISSIONER OF CUSTOMS, CENTRAL EXCISE SERVICE TAX HYDERABAD-IV COMMISSIONERATE POSNETT BHAVAN : TILAK ROAD : RAMKOTE : HYDERABAD-500001 C. No. V/08/01/2016-Tech.Misc Date. 22-02-2017 TRADE NOTICE No. 18/2016 Sub : Periodicity of CAS-4 certificates - Regarding. Attention of the members of Trade, Industry and all concerned is invited to the subject matter mentioned above. 2. 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. 3. 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. 4. In this regard, all concerned are informed that CAS-4 certificate for the financial year ending on 31st March should be issued by next financial year's 31st December after which the provisional assessments shall be finalized. For example, for the Financial Year 2016-17, CAS-4 certificate should be issued by 31.12.2017. (A.R.S. KUMAR) COMMISSIONER