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purchase costing

This query is : Resolved 
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(Querist)
28 May 2009 If a company deals in non manufacturing unit/product and need to purchase from industries directly so what should be their purchase price I mean to say there is neccessary to include excise duty in the books
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Madhukar N Hiregange

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Madhukar N Hiregange (Expert)
28 May 2009 Unless the credit of the central excise duty is being availed there is no reason to account the same differently.
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