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Excise Duty on sub-cantract material along with service charges

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Dear User,

 

I need a solution on how to calculate the Excise Duty on service material i.e., semi-finished materials are sent to the sub-contract vendor and he in return makes it to a finished product and charges for the service, but now we have requirement like we need to pay the excise duty calculated on the value of Finished product and there is also a service charges to be paid. Please provide your suggestions.

 

Thanks & Regards,

Shyam


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