applicability of Excise duty for price variation bill
This query is : Resolved
RAMESH BABU
(Querist)
20 April 2009
Sir,
we are a government company received goods at the time when Excise Duty rate is 14%.Now Price variation bill is in the process.
In this connection it is requested to clarify at what rate of ED the price variation bill is processed.
yours faithfully
G ramesh babu
we are a government company received goods at the time when Excise Duty rate is 14%.Now Price variation bill is in the process.
In this connection it is requested to clarify at what rate of ED the price variation bill is processed.
yours faithfully
G ramesh babu
CA. B.SRINIVASULU
(Expert)
20 April 2009
The date of delivery is considered for excise duty purpose. If on the date of delivery it was 14% then same should be continued for that transaction.
Rajesh Kumar
(Expert)
24 April 2009
Yes, I agree
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