their are some queries in my production process so pls.guide me.
my production process is as below.
A] Raw Material 102 kg + B] Raw mateial 102 kg + C]Raw material 102 kg.= finish goods.300 kg.
in that process 6 kg production loss.
otherwise in my raw materil stock their are handling loss is 6 kg & i have minus this handling loss at the ,end of the month in stock book & fress stock entry i have done in next month.
My raw materil is exciseable material & in my production process. i have minus handling loss in my raw materil stock.
is it ok ? or any intimation need to give me to excise department?
CAclubindia
