Menu
Cenvet
excise duty has been round off from 12.36 to 12.50% including all cess. as per budget. but our ledger balances shows separate balances like bed, edu cess, higher cess etc. so plz tell me that should I transfer cess balances to bed ledger.
Replies (1)
Dear Mr.Rahul,
As per Budget, the central excise duty increased to 12.50% from 12% and Cess & S&H Cess are exempted from 01.03.2015. You can maintain separately till further notification.
Regards
RP Ananthakumar
Recent Topics :
- Addtional trade name for my another firm
- Commission / Agency Business without books: REAL E
- Difference between AIS and 26AS data.
- Applicability of FCRA to Article Processing Fees (
- GST Return
- Practical queries on buy back of shares
- Any faculty recommendations for latest batch recor
- FAI & FAST-DS 2026 query
- Is GST registration mandatory in this case
- Buying a residential flat in Goa: should my wife b
Related Topics :
CAclubindia
