Billing & Invoicing
This query is : Open
07 May 2009
Dear Sir,
Request you to confirm the following:
We are purchasing DI fittings and will be in our stock. The purchase invoice will consist of material value + ED.
When we bill the same for selling, do we:
a) How to pass on the duty to our purchaser
b) Should the bill have the detail of material value (selling price) + Duty with individual calculation. Do we need an excise registration.
c) Incase of sales outside the state CST @ 2% with Form C
d) Incase of sales outside the state without Form C CST @ local tax or 10% whichever is higher.
e) Incase of sales to government department (irrespective of within the state or outside the state)rate of tax 4%. Form D has been abolished.
Request you to confirm / clarify the above details.
Regards.
Request you to confirm the following:
We are purchasing DI fittings and will be in our stock. The purchase invoice will consist of material value + ED.
When we bill the same for selling, do we:
a) How to pass on the duty to our purchaser
b) Should the bill have the detail of material value (selling price) + Duty with individual calculation. Do we need an excise registration.
c) Incase of sales outside the state CST @ 2% with Form C
d) Incase of sales outside the state without Form C CST @ local tax or 10% whichever is higher.
e) Incase of sales to government department (irrespective of within the state or outside the state)rate of tax 4%. Form D has been abolished.
Request you to confirm / clarify the above details.
Regards.
11 May 2009
The central excise duty canbe passed on by a dealer by registering with the central excise authorities as a dealer and issuing invoices under Rule 11.
You can pass on the exact duty paid to the cusotmer if the same is done.
Normally not a very cumbersome procedure.
You can pass on the exact duty paid to the cusotmer if the same is done.
Normally not a very cumbersome procedure.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Itr 1 processing
- Off Market debit and credit transaction
- Showing Gift from relative in ITR for this year
- ITR 2 Short Term gain & Long term gain
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- Short Term Capital gain on shares bought and sold after 2018 onwards
- ITR returnFY25-26
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Reporting Income under Section 44ADA
- ITR 1: Details for showing Exempt Income
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
