Suggested answers of Indirect Taxes (CA-Final) for May, 2016 Exam

SPRao , Last updated: 20 May 2016  
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Q1.(a) Divine Ltd. manufactures product K which is a notified product under Section 4A of the Central Excise Act, 1944. The output for the month of October, 2015 was 8,000 units out of which 6,000 units were consumed captively. Abatement permissible under Section 4A of Central Excise Act is 20%.

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SPRao
(Faculity Indirect Taxes)
Category Students   Report

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