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FBT ON EXCISE PAID

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(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.
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CA. Kirti S. Ganatra

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CA. Kirti S. Ganatra (Expert)
14 November 2007 FBT is to be paid on gross amount including if Excise
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KAAPIL

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



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CA. O.P. Agarwalla

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CA. O.P. Agarwalla (Expert)
23 November 2007 FBT IS PAYABLE ON THE WHOLE MOUNT OF EXPENDITURE (INCLUDING CESS & TAXES)

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