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Q.1) How does a FSD & SSD pass on the Excise Duty Credit?

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(Querist)
18 June 2008 Q.1) How does a FSD & SSD pass on the Excise Duty Credit?
A FSD recieved a bill fo Rs 5000+700(ED) & when he sells, how much excise duty he
should pass to further buyer( Sale Price of FSD is Rs.6000) ?
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CA. Yayati Tyagi

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CA. Yayati Tyagi (Expert)
19 June 2008 700*units sold/total units purchased

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