Dealer registration
This query is : Resolved
24 August 2010
We have taken dealer registration and we are importing the material and selling the same in india. In few case at the time of invoicing we are not passing on CENVAT duty to customer and we are taking the hit in P&L. Is this procedure is correct or there is any scope to make impovement in this. Can any expert solve my doubt?
Ram Avtar Singh
(Expert)
24 August 2010
You are issued invoice none modvat user and collect excise duty amount form dealer. so you will writ off in RG23D. It will not katen in Profit and loss.
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