Dear Experts,
Please help me out on this. Though the question may seem silly but i cannot stand without knowing. I have tried to get all the sources but cannot conclude on the same.
My doubt is this:
Should excise be calculated as and when the goods are manufactured (Sounds convincing for me) but yesterday on asking the working for the same from the client, he has told that there has been some notification wherein its necessary that the Excise be calculated as and when the goods get through the factory gate. Is it a right notion. If so, then what else they (my client) has to calculate?
Please help me thank You.
CAclubindia
