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Excise Duty

This query is : Resolved 
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(Querist)
20 April 2010 What should be the treatment for Excise Duty on Finished Goods in Stock??

How we should show this in accounts??


Do rply soon
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Ram Avtar Singh

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Ram Avtar Singh (Expert)
20 April 2010 No need seperet entry. its already added in RG23Apart-II register.

it will be shown in balance sheet annexure

(Statement showing the figures to carry out adjustments in consolidated profit in view of introduction of Section 145A)

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