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Turnover of 400 lacs

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(Querist)
04 March 2016 Is excise duty paid on goods cleared after 150 lacs turnover is included for calculation of turnoever of 400 lacs??
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Ankur Singhal

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Ankur Singhal (Expert)
04 March 2016 Dear
Sorry, pls draft the question properly.
But to the extent I got it, answer would be
For calculation of 400 lac turnover of rs.150lac and above on which ed is paid both will be included.

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