AS-17........
This query is : Open
30 June 2011
Should we take sales above rs. 50 crores including excise & vat or not ????????????
30 June 2011
Turnover means excluding the Excise and VAT only. so do not include that
01 July 2011
Dear Ramesh,
As per my understanding turnover refers only exclusive of VAT. Please confirm.
As per my understanding turnover refers only exclusive of VAT. Please confirm.
04 July 2011
Hi.
AS-17 is not defining the exact term of turnover. but most of the accounting interpretations and taxation terms like Income tax and other direct tax defining the turn over excluding the excise duty also.
so i stand in my position as turn over excludes excise duty also.
i am keeping open this query for other experts opinion
AS-17 is not defining the exact term of turnover. but most of the accounting interpretations and taxation terms like Income tax and other direct tax defining the turn over excluding the excise duty also.
so i stand in my position as turn over excludes excise duty also.
i am keeping open this query for other experts opinion
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- ITC temporary reversal and reclaim
- TDS U/S. 194NF
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
