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Cma data preparation - impact of excise duty on gross sales

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(Querist)
23 March 2019 Dear Professionals,

Since Excise dusty is subsumed in GST, how to treat excise duty while preparing CMA data format for bank loans. We normally consider Gross Sales less Excise duty = Net sales
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CMA Bhavya

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CMA Bhavya (Expert)
03 June 2019 Dear Sir,
The basic structure will be same only. Instead of Excise duty now you will deduct GST.
Gross Sales:Less GST=Net sales

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