Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

what is excise duty and what should be the entry of
purchase and sale in account books of excise

Answer Posted / kapilsingh

excise duty chargeabe on the all manufacturing products
purchase a/c dr
excise duty a/c dr
to cash


for sales entry
cash a/c dr
to sales
to excise

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is an interest rate swap

2208


Hi, we are not a VAT register and raised not VAT bill to company for signage material. they are deducting WCT @4%, can anybody help me why they are deducting WCT while i am not a VAT register vendor, as i do not cross threshold limit.

1869


what is t code of journal voucher report with amount?

2222


how many times we can deposit the old currency in one a/c in the bank

2181


What are the purposes of maintaining control ledgers?

1087


HOW WE MAKE A RESERVE AND AFTER ITS USE HOW WE NIL IT PLEASE MAKE A PROPER ENTRY.

2038


What is the difference between depreciation and amortization?

1095


What is the procedure of submit bank guarantees and cancellation.

2526


Please would you provide me with a defenition of Cycle count tolerance ? Thank you

1983


What are the accounting entries for branch accounts?

987


What methods do you use to discover sales opportunities?

1066


What are the methods used in different industries for labor and non-labor costs in Projects.

2045


Which accounting application you prefer most and why?

1138


which chart of depreciation copy for our Indian companies in sap(fi-aa)? please give answer. Thanking you, mohan

2347


What does overhead mean in regards to accounting?

1099