https://www.taxtmi.com/forum/issue?id=108164 Query whether abolished cesses must be computed on closing stock when the assessee benefits from a turnover notification; reply advises that closing stock is assessed under the new excise rate structure and the specified cesses are not payable, so only the underlying excise duty rate is to be applied to closing stock. en-us Sun, 01 Mar 2015 12:39:33 +0530 Thu, 23 Jan 2025 15:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=108164 Query whether abolished cesses must be computed on closing stock when the assessee benefits from a turnover notification; reply advises that closing stock is assessed under the new excise rate structure and the specified cesses are not payable, so only the underlying excise duty rate is to be applied to closing stock. Discussion-Forum Central Excise Sun, 01 Mar 2015 12:39:33 +0530 https://www.taxtmi.com/forum/issue?id=108164