Tax Management India. Com TMI - Tax Management India. Com
Case Laws Acts / Rules Notifications Circulars Tariff/ ITC HSN Forms Manuals Articles SMS News Highlights
        Home        
Extracts
Home List
← Previous Next →

Stock of slow moving jewellery (“dead stock”).

Rule 13 - Rules - Articles of Jewellery (Collection of Duty) Rules, 2016. - Rule 13 - 13. Stock of slow moving jewellery ( dead stock ). - (1) An assessee maintaining separate stocks of manufactured and traded articles and showing the value of such m .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

s, as the case may be. (2) For an assessee, who opts to pay the excise duty as per the optional scheme under rule (12), if at the end of a particular return cycle, the cumulative sales for three types of articles, namely silver studded articles; gold .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ctured stock of such articles till the end of the return cycle, then the whole of the dead stock of such articles would be deemed to be that of traded articles, and new articles made out of such dead stock on its receipt back by the manufacturer or p .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

which duty has been paid or which have been exported till the end of a particular return cycle are less than the cumulative receipts till the end of that return cycle of such manufactured articles, then the dead stock of such articles at the end of s .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

s that of traded articles. Illustration. - Thus, two alternative situations can be considered in treatment of the dead stock at the end of the quarter: Situation 1 - Cumulative sales at the end of return cycle are more than the cumulative receipts of .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

he manufacturer or principal manufacturer, as the case may be, has paid excise duty or which have been exported). iii. Then, whole of the dead stock silver studded articles at the end of such quarter shall be treated as that of traded stock and new a .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

Discussion Forum
what is new what is new
 
 


|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version