regarding tax

can tax included while calculating cost of a product
Replies (4)
tax on which itc unavailable be only be included
Originally posted by : kundan singh
can tax included while calculating cost of a product

 

NO... COST OF PRODUCT EXCEPT TAX...

@ S Elavarasi Sir for eg if use petrol on which state excise duty or VAT levy on which ITC is not available in present scenario then we will take the tax in cost or not..

Please be check out which called product... If Petrol & Diesel Delaer then Basic value is Cost of product...

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