Easy Office
LCI Learning

EXcise and vat

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
14 April 2011 Dear Experts,

A company has final product exempted from excise. So the purchases made are shown inclusive of excise duty or service tax paid.

Is the treatment correct or the duty should be booked separetaly as expenses in PL acount?

thnx in advance
Profile Image

CA KRISHNA KUMAR DARUKA

Profile Image

CA KRISHNA KUMAR DARUKA (Expert)
15 April 2011 No need to book these expenses separately.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links