Excise duty on dealers

This query is : Resolved 

26 July 2010 my query is...
A is a dealer and B is a manufacturer..
both in located in delhi

A purchase 100 Kg pig iron @50/- + 10.30%excise duty + 5%vat on the goods from B and A sell this goods to C. C is also manufacturer & A wants to sell this goods on Rs 2/- profit. will A pass excise duty on Rs 52/-?

26 July 2010 Excise duty pass on same as B is charge in his bill. its sown in seperet column.

only Purchase detail fill up in bill.

Vat will charge on profit.

but excise will remain same until any modification/manufacur that particulars items.



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

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries