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R. A. NO. 100/LB OF 2004, DECIDED ON 11TH MAY, 2004. versus R. A. NO. 100/LB OF 2004, DECIDED ON 11TH MAY, 2004.

Section 136 High Court Excise Duty Profit and Loss Citation Reference The question was whether the appellate tribunal was entitled to hold that the excise duty was to be debited to a profit and loss account and not to a manufacturing and trading account. If the actual excise duty was fully paid to the buyer and the input was unrelated, then it would have no effect on the cost of the product and could not be charged to the manufacturing / trading account but Had to receive profits and losses. The account and, on the other hand, was associated with excise duty input / production then required to be obtained from the manufacturing account to the extent that it entered into the cost of the product as the appellate tribunal refused to quote. Was not suitable for reference to the High Court how to become a advocate from Kot Radha Kishan lawyer