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Applicability of indirect tax provisions of budget2012

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(Querist)
17 March 2012 From when are the indirect tax provisions announced in Budget 2012 applicable?
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
25 March 2012 Applicable from 1st April, 2012.

However, effect of increase in excise duty shall be considered for calculation of Provision for Excise Duty on finished goods lying in stock.
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