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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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