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the selling price of a prouduct of vintex limited inclusive
of basic excise duty 16% and education cess 2% and SAH cess
1% is rs 3002. find the assessable unit of prouduct?
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Answer Posted / sohail
since it is selling price it is inclusive of excise duty..
so,here AV=z
1.1648z=3002
z=2577.267
is the assessable value
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