Learner
406 Points
Joined March 2008
Originally posted by : shashank kumar |
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Originally posted by : shashank kumar
any solution of practical question 2.b of excise and sec 47 related to interest?
any reply on above......................i think one who has studied recent amendments and case law will get 60????????? |
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There is a case law for section 47.. The interest u/s 47 is applicable only in case of goods cleared for home consumtion directly.. Goods cleared for warehousing, then interest u/s 47 is not applicable...
And about, 2b, i forgot the question, u tell me the question..