If finished product is stolen, are we require to pay excise duty on theft finished product ???
Menu
Payment of Excise
Replies (6)
Simpaly make a FIR & reduce stock o need to pay any thing its a Loss of Company.
| Originally posted by :Amit Khemka | ||
| " | If finished product is stolen, are we require to pay excise duty on theft finished product ??? | " |
yeah it is just a loss to the company
| please send me all the forms of ITR(S) & E.R.-4 OF CENTRAL EXCISE IN EXCELL FORMAL WITH FORMULAS . THANKS | ||
| " | If finished product is stolen, are we require to pay excise duty on theft finished product ??? | " |
dear friend,
if some excisble goods is lost, stolen or destroy, you have to pay ED untill unless AC/DC of your region gives you permission in writing
Goods were stolen after manufacture (i.e. Finished Goods), Since Exice Duty is on Manufacture we have to pay ED, obiusaly its a loss to Co, whcih can be reduced from Stock later
Recent Topics :
- Practical queries on buy back of shares
- Any faculty recommendations for latest batch recor
- FAI & FAST-DS 2026 query
- Is GST registration mandatory in this case
- Buying a residential flat in Goa: should my wife b
- Income tax filling
- Applicability of RCM in the case of import of serv
- Confusion in gst registration for service category
- Itc claimed from return defaulters
- Gst input credit
Related Topics :
CAclubindia
