An asset is purchased in chennai without ED. In case of Interunit transfer, should ED be charged on this asset?
Thanks in advance
Menu
Excise
Replies (2)
No if Excise duty not charged at the time of purchase then No ED on Transfer of this Items.
in this case
na to asset purchase krne par exise duty pay ki gayi h
nd
na hi inter unit transfer se pehle
asset pe koi aisi process ki gai h jisey manufacture kaha ja skey
so dear , no exicise duty liability arises here.
Recent Topics :
- Section 54F Exemption
- Would you use a free, open-source alternative to s
- Business & Finance
- Report in GSTR 1 ( Credit Note ) for Wrong GST Rat
- Reply of summons issued under section 70 of the cg
- How to Bulk GSTIN Number Verify and Validation
- OPC Annual Filing Defaults – Need Guidance t
- OPC Annual Filing Defaults – Need Guidance t
- FCGPR of a past period
- Discuss and Download CA Final Question Paper Nov 2
Related Topics :
CAclubindia
