Accounting treatment of excise duty.

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....4, 1981 On a reference made to the Institute of Chartered Accountants of India the board have been informed that the question of appropriate accounting treatment of Excise Duty as a part of cost pr....

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....n the October 1979 issue of the Institute Journal. 2. In cases where assessments are pending and the assessees have not included customs and Excise Duties in the cost price, suitable action, provis....