Excise duty on dealers
This query is : Resolved
26 July 2010
my query is...
A is a dealer and B is a manufacturer..
both in located in delhi
A purchase 100 Kg pig iron @50/- + 10.30%excise duty + 5%vat on the goods from B and A sell this goods to C. C is also manufacturer & A wants to sell this goods on Rs 2/- profit. will A pass excise duty on Rs 52/-?
A is a dealer and B is a manufacturer..
both in located in delhi
A purchase 100 Kg pig iron @50/- + 10.30%excise duty + 5%vat on the goods from B and A sell this goods to C. C is also manufacturer & A wants to sell this goods on Rs 2/- profit. will A pass excise duty on Rs 52/-?
Ram Avtar Singh
(Expert)
26 July 2010
Excise duty pass on same as B is charge in his bill. its sown in seperet column.
only Purchase detail fill up in bill.
Vat will charge on profit.
but excise will remain same until any modification/manufacur that particulars items.
only Purchase detail fill up in bill.
Vat will charge on profit.
but excise will remain same until any modification/manufacur that particulars items.
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