Costing for export products: inclustion of excise?
This query is : Open
30 June 2012
Helo to all,
our company has export as well as domestic sales.
till not the company was giving annexure from excise dempartment for purchase bills. but now they are saying to take input credit in domestic department.
now my question/confusion is:
whether the company should take input credit or it is advisable to give annexure in all purchase bills of export?
what is the impact of the same in costing of products?
Do we need to include cost of excise in finding out the per unit cost of product or because we are taking credit, we shouldnt add excise in cost calculation?
Please let me know your views.
Thank you.
our company has export as well as domestic sales.
till not the company was giving annexure from excise dempartment for purchase bills. but now they are saying to take input credit in domestic department.
now my question/confusion is:
whether the company should take input credit or it is advisable to give annexure in all purchase bills of export?
what is the impact of the same in costing of products?
Do we need to include cost of excise in finding out the per unit cost of product or because we are taking credit, we shouldnt add excise in cost calculation?
Please let me know your views.
Thank you.
04 July 2012
You can take cenvat credit on input and input services in DTA sale and Export also.
09 July 2012
What impact will it have in product costing?
are we supposed to add the excise value in per unit costing or becoz we are taking credit, we should not add it?
are we supposed to add the excise value in per unit costing or becoz we are taking credit, we should not add it?
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
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- Unregistered suppliers utility
- Difference between Date of Payment and Date of Deduction?
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Need Professional Opinion - AY 2012-13 Old Demand & AY 2026-27 Refund Adjustment
- LIC maturity claim whether taxable
- Bank details not Visible on Traces Portal
- Taxability of Partnership firm for FY 2025-26
- EXPORT COMMERCIAL INVOICE HSN CODE
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
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
