How should excise duty be accounted??
It is said that if the threshold limit is crosssed excise duty should be collected and closing stock should be valued inclusive of excise duty??
What will happen next year??
Menu
Excise duty
Replies (1)
Hello
Excise Duty And Raw Material Should be maintsin Saparate Records for Excise Purpose
This Recards Same to C/F for next year also.
if u want Rawmaterial cost of other Purpose u take both cost ( Rawmaterial + Excise +other Taxes)
Recent Topics :
- Hi experts needed some help
- Gift of Immovable Property u/s 92 of Income Tax Ac
- NSE BSE Pre-open session changes from 7 September
- Financial statements for non corporate entities
- Hi experts need some help
- Is SAP FICO a good career option for finance and a
- Direct Cost booking
- TDS on Property Purchase Paid
- Cash Purchase Above ₹10,000, ITR/40A(3) Trea
- TDS on dividend to non resident shareholders
Related Topics :
CAclubindia
