GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
CENTRAL BOARD OF EXCISE AND CUSTOMS
Instruction
North Block, New Delhi
Dated the 16th of February, 2017
To,
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.
Madam/ Sir
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.
2. 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.
3. In this regard, it is directed that assessees should be requested that
CAS-4 certificate of the financial year ending on 31st March shall be issued by
31st December of the next financial year. For example, for the Financial Year
2016-17, CAS-4 certificate should be issued by 31st Dec, 2017. The assessing officer
shall thereafter finalize the provisional assessment expeditiously.
Jurisdictional Commissioners shall suitably issue the trade facility in this
regard.
4. Difficulty, if any, in the implementation of this instruction may be
brought to the notice of the Board. Hindi version will follow.
Yours faithfully,
Shankar Prasad Sarma
Under Secretary to the Govt. of India
[F. NO. 206/01/2017-CX 6]