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wether excise duty is includable in Turnover

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(Querist)
30 November 2008 Pls tell me, wether excise duty/service tax is includable in Turnover/Sales or not
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CA.PRAMOD KUMAR PANDA

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CA.PRAMOD KUMAR PANDA (Expert)
30 November 2008 Excise Duty constitute part of the Turnover.Service Tax/Sales Tax does not constitute part of Turnover.
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CA.ViVeK M ACA

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CA.ViVeK M ACA (Expert)
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.



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Tarun Gupta

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Tarun Gupta (Expert)
01 December 2008 PLS CLEAR FOR WHAT PURPOSE U R REQUIRED BECAUSE FOR EACH PURPOSE THIS IS DIFFERENT.
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Sai krishna Medikonda

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Sai krishna Medikonda (Querist)
01 December 2008 Tell me for the purpose of Sec.44AF of the Income Tax Act,1961.
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Manoj

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Manoj (Expert)
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.

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