Easy Office
LCI Learning

Levying of Excise duty

This query is : Resolved 

07 September 2010 The sales value of goods is Rs.10000.
The "packing & forwarding expense" of it is Rs.400.

The total sales is recorded at Rs.10400.
The sales invoice as well as the sales entry in the books of accounts shows the bifurcation of Rs.10400.

The Excise duty should be levied on Rs.10000 or Rs.10400???

07 September 2010 Excise duty shall be levied on 10400



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries