suppose mr r is a manufacturer and he has purchased raw mat for 250000 and has paid excise duty 7% plus education cess and sales tax of 10%
now what will be the treatment when he sale this product ...sales tax will be allowed to him..bt what we have to do of excise duty and ec??
pls help me
Excise Duty he paid can be taken cenvat credit as input credit.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
Kothari Jain Patil & Chartered Accountants
Pune
CA Inter
View Details
CCI
Pro
CAclubindia
