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Articles by Prabhat Kumar

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Default in payment of excise duty: Meaning and consequences

Posted by Prabhat Kumar 08 November 2014 74612 Views

In law most of the things are prescribed in the statute and ever

F.O.R. Destination - Inclusion or exclusion of freight charge

Posted by Prabhat Kumar 05 November 2014 23870 Views

Excise duty is payable on the manufacturing or production of the goods. The amount of excise duty to be paid depends upon the assessable value of the goods. The duty is to be paid on the removal of the goods from the factory premises or any other pla