Excise Duty

This query is : Resolved 

20 April 2010 What should be the treatment for Excise Duty on Finished Goods in Stock??

How we should show this in accounts??


Do rply soon

20 April 2010 No need seperet entry. its already added in RG23Apart-II register.

it will be shown in balance sheet annexure

(Statement showing the figures to carry out adjustments in consolidated profit in view of introduction of Section 145A)


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