FBT ON EXCISE PAID


This query is : Resolved 

(Querist)
14 November 2007 if we have purchased an item of sales promotoion and paid excise on that so,whether we have to pay FBT on aggregate value or value exclusive of excise.

14 November 2007 FBT is to be paid on gross amount including if Excise

KAAPIL (Expert)
14 November 2007 FBT will be paid on Gross Amount.

23 November 2007 FBT IS PAYABLE ON THE WHOLE MOUNT OF EXPENDITURE (INCLUDING CESS & TAXES)


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