Excise duty on not for resale products

502 views 1 replies

Patil VC

senior accountant

46 Points Joined June 2009

Dear All,

We are software company. We sale antivirus product online as well as in Box pack.

If we want to sale another bundle up product with main product (with box pack only) to our parter (which they cannot resale) , how will be it treated for excise purpose or at what rate we have to pay excise.

thanks,

vaibhav

Replies (1)

Sunil Kumar G

AGM Taxation

373 Points Joined April 2012

If you are charging separately, you should charge duty @ 12.36% for both prodcut. If you bill at a single unit, you should charge 12.36% as single unit.