Taxable turnover under excise
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 June 2014
WHETHER SALES LABOUR BILLS ARE INCLUDED IN GROSS TURNOVER FOR FIXING EXCISE LIMIT AS PER E.G. SALES LABOUR IS RS. 6 LACS AND OTHER TURNOVER IS RS, 1.48 CRORES.
SO, TOTAL TURNOVER IS RS. 1.54 CRORES.
WHAT LIMIT WILL BE CONSIDERED ? RS.1.54 CRORES OR RS. 1.48 CRORES ?
SO, TOTAL TURNOVER IS RS. 1.54 CRORES.
WHAT LIMIT WILL BE CONSIDERED ? RS.1.54 CRORES OR RS. 1.48 CRORES ?
14 June 2014
For the purpose of valuation of goods assessable value of the goods will be count for ssi exemption. value of services will not be count for ssi exemption. you should consult with any professional.
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