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Procedure for captive consumption in central excise

Querist : Anonymous (Querist) 10 September 2011 This query is : Open 
WE ARE MANUFACURER OF C.I.CASTINGS OF DIFFERENT SIZE AND SHAPES. C. I. SCRAP GENERATED IN THE PROCESS IS CAPTIVELY CONSUMED BY US BY ISSUEING ISSUE SLIPS. IS IT THE RIGHT PROCESS. PLEASE HELP. WHERE AS OUR EXCISE DEPARTMENT DEMAND ISSUE OF INVOICES AT THE TIME OF ISSUE OF C.I.SCRAP WHICH IS GENERATED AT THE TIME OF PROCESSING. ALSO THEY CHARGED THE DUTY AMOUNT ALONGWITH INTEREST ON US ON THE QUANTITY OF SCRAP USE BY US IN THE YEAR 2008/2009 AND 2010. IF THERE IS ANY CASE LAW REGARDING THIS MATTER PLEASE INFROM ME.

WITH REGARDS

AJOY
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