Can Excise Reimbursement be claimed by Dealers in their Bill
This query is : Resolved
31 January 2009
I am procuring material of L&T through their Authorised dealer based in MP. Earlier He was quoting Price List Rates and giving discount on that rate. During invoicing He used to mention Basic Rate, Discount, and MP VAT. Now we want to procure the material on Net rate exclusive of discount & excise. Can dealer claim reimbursement of Excise Duty and Sales Tax in his Commercial Invoice.
01 February 2009
a
09 October 2009
There are two quiries :-
1) Excise
2) VAT
Please note that as on date Excise & VAT Law are different to each other. Your dealer must have to be registered under EXCISE as well VAT to enable to raise Invoice under the relevent ACT or RULEs made under the said ACT.
1) Excise
2) VAT
Please note that as on date Excise & VAT Law are different to each other. Your dealer must have to be registered under EXCISE as well VAT to enable to raise Invoice under the relevent ACT or RULEs made under the said ACT.
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