Is it necessary for a Listed company engaged in 100 % trading activity to keep the excise records? the company does not pass on the excise duty...
3 Replies
P.Bashista
(Advocate)
(367 Points)
Replied 26 May 2011
If not registered with the excise department, then not mandate.
valji
(Accounts manager-MBA)
(2150 Points)
Replied 26 May 2011
it is not necessary , since company is trading company
sumeet kumar sinha
(CMA)
(28 Points)
Replied 22 June 2011
If company fully engaged in trading activity it is not necessary to keep excise record
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