18 December 2015
My client manufecture Dutiable & Exempted goods. Some Raw material use in both products. He transfer Raw Material to Exempted finished goods by making Stock Transfer for which he issue a Tax cum Excise Invoice (i.e Sale Invoice) in his own name and only pass a JV for Duty portion in tally(Raw Material value during stock transfer not entered in Tally). Is it correct?
CAclubindia
