Dear Friends,
Can we make entry in rg-1 of finished goods parts.
Rajesh Kumar
(Advocate- Tax)
(7806 Points)
Replied 14 April 2009
If it is your final product which you will clearing after payment of duty, it should be recorded in RG-1.
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)