till not the company was giving annexure from excise dempartment for purchase bills. but now they are saying to take input credit in domestic department.
now my question/confusion is:
whether the company should take input credit or it is advisable to give annexure in all purchase bills of export?
what is the impact of the same in costing of products?
Do we need to include cost of excise in finding out the per unit cost of product or because we are taking credit, we shouldnt add excise in cost calculation?
09 July 2012
What impact will it have in product costing? are we supposed to add the excise value in per unit costing or becoz we are taking credit, we should not add it?
CAclubindia
