Tax calculation on profit for as such sales

ynraju786786 (accountant) (24 Points)

26 October 2016  

DEAR SIR,

 WE ARE IMPORT MANGANESE ORE FOR END PROCESS, BUT DEMAND OF SITUATION WE ARE SALE IT TO ANOTHER PARTY  AS ACTUAL CVD AND ADDITIONAL DUTY TO PARTY.  BUT SOME SAY US TO PAY EXCISE DUTY @ 6% ON PROFIT IN THIS SALE.

 

 I NEED CLARIFICATION  ABOUT THE RULES.

AWAITING FOR YOUR PROMPTREPLY.

THANKING YOU