Easy Office
LCI Learning

Cost of free issue material

This query is : Resolved 
Profile Image

Profile Image

(Querist)
06 March 2017 Dear Sir,

is Free Issue Material Received from Party is Added for Excise Duty Calculation on Assessable Value or Not ? if Added then Under Which Section ?
Example :- Rs 50000 /- ( Cost of Free issue Material Received form Party)
Assessable Value ( Excluding Cost of Free Issue Material) Rs 250000/-
Profile Image

Arun Kumar Singh

Profile Image

Arun Kumar Singh (Expert)
11 March 2017 The duty of excise will be payable on the assessable value of the goods.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links