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Input on Closing Stock
we already paid excise duty on branch transfer and the stock still in branch. what is the treatment on already paid excise duty.
Replies (2)
Carry forward of admissible ITC as reflected in last filed return is allowed
we have paid 2% excise duty +2% CST on purchase of bicycle to the manufacturer in inter state.Whether we can claim 2% Excise duty on our closing stock
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