duty on notional interest

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..... duty on notional interest
Query (Issue) Started By: - chiranjilal meena Dated:- 4-7-2013 Last Reply Date:- 5-7-2013 Central Excise
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Central Excise
central excise duty liability .....

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..... on notion interest on security deposit Reply By Amutha Balasubramanian: The Reply: There is no excise duty on notional interest unless the sale price is influenced by the DEPOSIT and it is the resp .....

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..... onsibility of the Revenue (CBEC) to prove that price charged is less compared with supply to other parties.
Discussion Forum - Knowledge Sharing .....

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