Adjusting Closing Stock
This query is : Resolved
07 September 2010
Hi,
If we adjusting in closing stock to reduce the profit , does it affect excise ? in case of first stage dealer cum if it is a trading company how it does affect?
Thanks & Regards
Mahesh.R
If we adjusting in closing stock to reduce the profit , does it affect excise ? in case of first stage dealer cum if it is a trading company how it does affect?
Thanks & Regards
Mahesh.R
07 September 2010
yes,
excise will be get effected as you have to report your closing stock detial to the excide authorities.
excise will be get effected as you have to report your closing stock detial to the excide authorities.
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08 September 2010
Thank You very Much ....
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