wether excise duty is includable in Turnover
This query is : Resolved
30 November 2008
Pls tell me, wether excise duty/service tax is includable in Turnover/Sales or not
30 November 2008
Excise Duty constitute part of the Turnover.Service Tax/Sales Tax does not constitute part of Turnover.
01 December 2008
Excise duty is a duty based on manufacture /producton of goods or services so itwould form the part of the turnover.
Service tax is chargabe on the taxable services.Therfore that will also be incuded on turnover.
Service tax is chargabe on the taxable services.Therfore that will also be incuded on turnover.
01 December 2008
PLS CLEAR FOR WHAT PURPOSE U R REQUIRED BECAUSE FOR EACH PURPOSE THIS IS DIFFERENT.
01 December 2008
Tell me for the purpose of Sec.44AF of the Income Tax Act,1961.
01 December 2008
Excise duty/ Service tax is not included in the turnover for the purpose of Sec.44AF of the Income Tax Act, 1961.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Original return filed under Old scheme, can we file updated return under old scheme?
- Payment of Stamp Duty and registartion of documents
- REGARDING AVAILABILITY OF ITC UNDER SECTION 17(5) FOR TRANSPORTATION OF PASSENGER SERVICES
- International visit expenses
- Tfr of share in under const. shop to close relative without consideration, what documentation requir
- Reporting SIP capital gain in itr
- RECEIPT OF TRAINING FEES FROM FOREIGN STUDENT
- GST-Marketing Research Organization
- WRONG BILL ISSUED BY SUPPLIER
- Gst invoice for sale of old car
- Professional Thesis Writers Make My Work Easy
- TCS on car purchase not showing in 26AS even after linking Aadhaar—what should I do?
- RCM Paid on Rented Commercial Property by Restaurant
- Last 3 years GSTR 4 not filed compulsary
- Issue in IMS (Invoice Management System)
- Credit Note Rejection in IMS and GSTR 3B locking
- How to present in Balance sheet as per scheduled III and under which head
- MCA filings and Compliance Practice
- Advance paid and received against Property plant and Equipment
- How to present in balance sheet as per scheduled III of company Act
Trending Online Classes
-
Live Course on EPF & ESI Act - Mastercourse(With Govt Certificate)
Mr.Balamurugan Ranganathan16 June 2025
CAclubindia
