Excise

inderjit (article) (145 Points)

19 March 2009  

Dear friends,

one of my friend is dealing in computer peripherals and he assembles computers, he wants to know that he does purchase entries as usual with inventories but at the time of sale he is making a new product with inventory voucher option (consumption and source ) and creating new PC and he is selling that, he want to know that whether excise is applicable or not?