TMI Blogamortization cost is applicable on foc saleX X X X Extracts X X X X X X X X Extracts X X X X ..... dear sir, i have send some part on FOC invoice to our customer can you please confirm amortization is applicable or not - Reply By YAGAY AND SUN - The Reply = Yes, it is applicable. Since Excise d ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... uty is on removal, not on sales of goods. - Reply By PARTHASARATHY V - The Reply = When the Mould, Dies or other products provided to manufacture of agreed product, which will cover under the Valuat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ion Rule 6 of 2006 ( which includes technical drawing, kowhow etc). Clearance made from supplier must suffer excise duty, whether it is for sale or FOC. Excise duty to be charged along with amortiza ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tion cost for the goods cleared. - amortization cost is applicable on foc sale - Query Started By: - sagar shekhar Dated:- 26-8-2015 Central Excise - Got 2 Replies - Central Excise - Discussion For ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... um - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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