Hi all,
I wanted a general information relating to two cases
1) I purchased a Fixed Asset in the current Year (excise was levied on it) and the same was sold in the current financial year itself.
on what % will be excise (BED) will be calculated if the Excise rates change between the date of Purchase and the date of Sale?
2)I purchased a Fixed Asset in the current Year (excise was levied on it) and the same was sold in the next financial year.
on what % will be excise (BED) will be calculated if the Excise rates change between the date of Purchase and the date of Sale?
please reply.
regds,
APS
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