Can excise duty and vat co-exist in the same invoice?


This query is : Resolved 

20 March 2013 I purchase 570 Pc of Poly Bag from supplier @ Rs. 5.44 per piece so it goes as below.
570 Pcs x Rs 5.44 = 3101

Supplier has charged
ED @ 10% on 3101 = Rs. 310
Cess on Ed @ 25 = Rs. 6
Sec. Edu Cess on Exise Duty @ 1% = Rs. 3
VAT @ 5% = 171

Total Bill Amount is Rs. 3591

-------------------------------------------

MY QUESTION IS, Can a supplier charge both excise duty and vat at the same time?

What Idea I have is, Excise duty is charged by manufacturer only and If manufacturer does so, he should not charge VAT?

If yes, in what conditions. Please elobrate it.

---------------------------------------------

20 March 2013 yes both can be charged on same invoice...

20 March 2013
Parul,

Can you give me scenerio, when both can be charged?

And also, Thanks for your quick reply.

Regards,
Martin

26 March 2013 Ms. Parul, Awaiting for your reply.

Please help me out.

26 March 2013 You are a manufacturing concern and at the time of removal of goods excise duty is payable and at the time of sale VAT is payable...both can be charged from the buyer...

28 March 2013 Thanks, Ms. Parul.


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