calculation of excise
This query is : Resolved
rajeev khulbe
(Querist)
31 July 2010
Dear Experts,
1) How i have to calculate Excise Duty liability for a company?
2) What is the entry for recognising the excise duty ?
3) what is the entry when it is passed to the buyer?
With regards,
Rajiv
1) How i have to calculate Excise Duty liability for a company?
2) What is the entry for recognising the excise duty ?
3) what is the entry when it is passed to the buyer?
With regards,
Rajiv
CMA Ramesh Krishnan
(Expert)
02 August 2010
1.Excise duty need to calculate on the assessable value of the excisable product
2. Manufactring the excisable products is only recogonising criteria for excise duty
3. on invoicing the goods through excisable invoice can be pass the duty to buyer
2. Manufactring the excisable products is only recogonising criteria for excise duty
3. on invoicing the goods through excisable invoice can be pass the duty to buyer
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- EPF ECR NEW FILE SEP 17TH 2026
- TDS on Fixed Assets purchased
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- Oct 2025 Invoices
- Non filing of I T Returns
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- TAX AUDIT ON PROFESSIONAL INCOME
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- Under marginal scheme
- Capitalgain tax purposes for valuation report compulsory
- Capital Gail Exemption Certificate
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
