Excisable & non excisable input - issue to wip
This query is : Resolved
16 June 2012
Hello all,
one of my client is excisable firm.
They received input - excisable as well as non excisable.
When they receive excisable input, the same will be entered in Input Register and then issue to Process Register.
Now wen he receives the non excisable input, how to account for the same.?
should i need to enter it in excise input register n then isssue to Process register ?
or should i directly add to process register as an input.?
Kindly guide me...
Thanks in advance
one of my client is excisable firm.
They received input - excisable as well as non excisable.
When they receive excisable input, the same will be entered in Input Register and then issue to Process Register.
Now wen he receives the non excisable input, how to account for the same.?
should i need to enter it in excise input register n then isssue to Process register ?
or should i directly add to process register as an input.?
Kindly guide me...
Thanks in advance
16 June 2012
For the purpose of excise they should maintain in the excise book only taxable inputs for the cenvat credit.
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
- Off Market debit and credit transaction
- Showing Gift from relative in ITR for this year
- ITR returnFY25-26
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- ITR 2 Short Term gain & Long term gain
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- Short Term Capital gain on shares bought and sold after 2018 onwards
- Itr 1 processing
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
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
