What should be the treatment of Provision on NON MOVING ITEM?
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Very urgent
Replies (2)
non moving items means fixed type of goods manufactured, like bridges, buildings, etc.
under the excise system the "excise registered manufacturer" is likey to pay duty on "intermediate goods" captively used in manufacture of such non movable goods.
| Originally posted by : U S Sharma | ||
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non moving items means fixed type of goods manufactured, like bridges, buildings, etc. under the excise system the "excise registered manufacturer" is likey to pay duty on "intermediate goods" captively used in manufacture of such non movable goods. |
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