What should be the treatment of Provision on NON MOVING ITEM?
2 Replies
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 13 July 2011
non moving items means fixed type of goods manufactured, like bridges, buildings, etc.
under the excise system the "excise registered manufacturer" is likey to pay duty on "intermediate goods" captively used in manufacture of such non movable goods.
CS,CA F,Numrologi TusharSampat
(CS CA F Numerologist Astrologer Graphologist Face reader Vastu Expert)
(85930 Points)
Replied 13 July 2011
| Originally posted by : U S Sharma | ||
 |
non moving items means fixed type of goods manufactured, like bridges, buildings, etc. under the excise system the "excise registered manufacturer" is likey to pay duty on "intermediate goods" captively used in manufacture of such non movable goods. |
 |
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