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Excise duty

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 November 2012 i want to wounding up of my co. so shall i required paid excise duty on WIP which is stand in balance Sheet?
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Arun Kumar Singh

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Arun Kumar Singh (Expert)
02 November 2012 No need to pay excise duty on WIP. Excise duty will payable on the clearance of the factory gate.

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