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applicability of Excise duty for price variation bill

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(Querist)
20 April 2009 Sir,

we are a government company received goods at the time when Excise Duty rate is 14%.Now Price variation bill is in the process.

In this connection it is requested to clarify at what rate of ED the price variation bill is processed.

yours faithfully

G ramesh babu
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CA. B.SRINIVASULU

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CA. B.SRINIVASULU (Expert)
20 April 2009 The date of delivery is considered for excise duty purpose. If on the date of delivery it was 14% then same should be continued for that transaction.
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Rajesh Kumar

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Rajesh Kumar (Expert)
24 April 2009 Yes, I agree
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