Applicability of ed on customer advance received
This query is : Resolved
25 March 2013
Dear Sir/Madam,
If advance received from customer, whether attract any excise Duty on Advance received value? Kindly clarify.
Thanks & Regards,
Mahesh.G
Mysore
If advance received from customer, whether attract any excise Duty on Advance received value? Kindly clarify.
Thanks & Regards,
Mahesh.G
Mysore
RAMESH KUMAR VERMA
(Expert)
17 April 2013
NO........
after import export within 1 year submit the Ebrc in concerned DEPARTMENT irrespective of any duty.
after import export within 1 year submit the Ebrc in concerned DEPARTMENT irrespective of any duty.
17 April 2013
Dear Sir,
Thanks for reply...!
But my querry was that applicablity of Excise Duty on value of advance received from coustomer to suplly exciseable goods in future.
Thanks & Regards,
Mahesh.G
Mysore
Thanks for reply...!
But my querry was that applicablity of Excise Duty on value of advance received from coustomer to suplly exciseable goods in future.
Thanks & Regards,
Mahesh.G
Mysore
RAMESH KUMAR VERMA
(Expert)
15 May 2013
NO........
after import export within 1 year submit the Ebrc in concerned DEPARTMENT irrespective of any duty.
after import export within 1 year submit the Ebrc in concerned DEPARTMENT irrespective of any duty.
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