Excise Duty
This query is : Resolved
29 September 2009
I heared that excise duty is the part of the cost of goods manufactured. Is it correct? Pls send me detail.
Thank you.
Thank you.
Rajesh Kumar
(Expert)
30 September 2009
Well, the duty is based on transaction value of manufactured goods- in cases where there is no transaction, value is decided based on cost plus profit basis.
30 September 2009
Sorry Sir I didn't understand you I just want to ask that
Raw Mat Cost(Including input CENVET+input CST)+ Prod-Exp= Cost of goods manufactured
or
Raw Mat Cost(Including input CENVET+input CST)+ Prod-Exp+Output Cenvat= Cost of goods manufactured
or
Raw Mat Cost(Including input CENVET+input CST)+ Prod-Exp+Output Cenvat= Cost of goods manufactured
Please clarify me by giving me an example.
Thank you.
Raw Mat Cost(Including input CENVET+input CST)+ Prod-Exp= Cost of goods manufactured
or
Raw Mat Cost(Including input CENVET+input CST)+ Prod-Exp+Output Cenvat= Cost of goods manufactured
or
Raw Mat Cost(Including input CENVET+input CST)+ Prod-Exp+Output Cenvat= Cost of goods manufactured
Please clarify me by giving me an example.
Thank you.
ANIL JANGID
(Expert)
04 October 2009
Excise duty payable on transaction value Selling price at factory.
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
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Taxation of crypto futures in India Fy 2026- 2027
- EPF ECR NEW RULES Sep 17th 2026
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- 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
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
