Is Excise duty include in turnover calculation for income tax purposes

Excise duty and other taxes is form part of purchase sales and turnover.the valuation of purchase and sale of goods or services and of inventory shall be adjusted to include the amount of any tax, duty, cess or fee (by whatever name called) actually paid or incurred by the assessee to bring the goods or services to the place of its location and condition as on the date of valuation notwithstanding any right arising as a consequence to such payment of taxes fees or cess as the case may be. Refer section 145A