Differential excise duty
AKHIL HARIDAS (article) (23 Points)
09 March 2017
PLEASE GIVE ME THE DEFINITION AND ACCOUNTING TREATMENT FOR DIFFERENTIAL EXCISEDUTY...
2 Replies
sivaram
(Asst Mgr-Taxation)
(6918 Points)
Replied 09 March 2017
why you ask definition and accounting treatment it is normal accounting only it arises when your finished products on which you pay duty are assessed on provisional basis initally at the time of clearance and on assessment you Know the actuals and difference in duty is differential duty
AKHIL HARIDAS
(article)
(23 Points)
Replied 10 March 2017
can you please explain it to me with the help of an example???
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