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Applicability of sect.145a

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(Querist)
18 September 2012

In absence of MODVAT credit , Whether SEc 145A is applicable?

No excise on input & Excise on final product.

Thanx in advance
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CA CS Amit S. Kedia

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CA CS Amit S. Kedia (Expert)
18 September 2012 145A not only talks about the treatment of the excise duty but it also talks about how to determine the value of purchase and sale of goods and inventory.

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