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Excise duty on discounts

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If we are giving cummalative discount on Invoice to our customer then what would be treatment of excise duty.

 

Is excise duty ti be reversed on that discount portion or the excise duty has to be calculated only after giving discount in Original Price.

 

Thanks and regards,

Replies (2)
Discount given and actually availed by the customer should not be included in the assessable value for calculation of excise duty.

Duty will be payable at the time of removal of goods after discounted price on transaction value.


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