Calculation of landed cost of material

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

12 July 2014 Dear sir,

In landed cost following includes:

cost of material + delivery cost+cst,
but not included excise & vat .

Please guide me sir.

Rajeev Kumar Garg

Rajeev Kumar Garg (Expert)
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13 July 2014 IF YOU ARE REGISTERED IN EXCISE AND SALE TAX THEN YOU CAN AVAIL CENVAT ON EXCISE DUTY AND INPUT CREDIT OF VAT. THEREFORE, THESE BOTH FIGURES WILL NOT INCLUDED IN LANDED COST. OTHERWISE, IT WILL ALSO BE INCLUDED IN LANDED COST.
THANKS
R.K. GARG
[CONSULTANT OF
CENTRAL EXCISE,CUSTOMS AND SERVICE TAX]