hey frnds i am an ipcc students
while going across i came across term captive consumption
can any one explain wat does it mean
2 Replies
CA Amit Joshi
(CA)
(1141 Points)
Replied 12 December 2009
captive consumption means when a company or firm himself consume it's own manufactured product to manuf. it's another product
CA Harish Suwalka
(Chartered Accountant ( Bhilwara ))
(4125 Points)
Replied 20 December 2009
Captive Consumption means uses the goods himself (e.g. machinery for own use or raw material for further manufacture) and does not sell to another person,
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