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Articles by Prabhat Kumar

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Default in payment of excise duty: Meaning and consequences

Prabhat Kumar 08 November 2014 at 11:26

In law most of the things are prescribed in the statute and ever

F.O.R. Destination - Inclusion or exclusion of freight charge

Prabhat Kumar 05 November 2014 at 10:38

Excise duty is payable on the manufacturing or production of the goods. The amount of excise duty to be paid depends upon the assessable value of the goods. The duty is to be paid on the removal of the goods from the factory premises or any other pla