My question is that , shall we link cost center to excise duty Paid & Collection GL.
I think it is not a cost, so better to exclude, Friend i need expert openion on this
DEBASHIS NANDA (SR EXECUTIVE) (25 Points)
12 September 2015My question is that , shall we link cost center to excise duty Paid & Collection GL.
I think it is not a cost, so better to exclude, Friend i need expert openion on this
Niraj Kumar Sinha
(Sr. Officer, SPSIL)
(648 Points)
Replied 12 September 2015
On some goods, we donot avail CENVAT Credit. Excise duty paid on these goods should be treated as cost of the material produced. Therefore to know the actual costing of the goods, you should link cost center with excise duty.
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