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Excise duty on royalty.

This query is : Resolved 

15 May 2012 Dear sirs,
we have received a notice from deptt to pay excise duty on royalty paid to state govt on extraction of coal.Is this correct? Royalty is includible in assessble value or not? Please resolve it.

16 May 2012 if you are considering this expenses to your cost and your assessable value is including this expesnes than dept. is right

19 May 2012 thanks sir.




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