Excise - Price declared below cost of manufacture

Bimal Jain , Last updated: 10 September 2012 Share Follow on Google News

Whether the price declared below the cost of manufacture can be regarded as Normal price for chargeability of Excise duty. Dear Professional Colleague, We are sharing with you a recent judgment of the Honorable Supreme Court, New Delhi:- Citation:AIT-2012-354-SC Appellant (s

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About the Author

Bimal Jain

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FCA, FCS LLB with21 Yrs of Experience inTaxation Indirect and Direct: Education Qualification: B.Com (Hons) Chartered Accountants Company Secretary LLB Qualified SAP FI/CO Consultants Professional Membership: Chairmanof Indirect Tax Committee of PHD Chamber of Commerce Member of Indirec ... Read more

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