Royalty on lignite
This query is : Open
22 May 2012
A company is selling lignite to its customers and also charging transportation cost from them. and the transportation cost is inclusive in total rates agreed between the parties by a contract. both selling and buyer company are government companies.
then on what amount royalty will be levied??
inclusive of transportation cost or exclusive of transportation cost???
then on what amount royalty will be levied??
inclusive of transportation cost or exclusive of transportation cost???
22 May 2012
the question is not clear. What is exactly is your question. From what perspective you want us to answer this question Income tax, Accounts, Law?
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