Depot duty
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 March 2016
Dear Sir
If a factory transfer the goods to depot on basic price Rs.10.00 per pices / kgs but his depot the sale goods on Rs.9.00 per pices / kgs it means less price sale the goods through depot.
here is one question raised we pay the excise duty @12.5% on hire price but depot duty charged the less price so my thought is what can do the paid excess duty on said goods
kindly give us advice we adjusted the same the duty from payable depot duty or we pay the same duty of our Factory
Also we want the central excise rule also for this issue.
Treat Most urgent.
Regards
Gautam
If a factory transfer the goods to depot on basic price Rs.10.00 per pices / kgs but his depot the sale goods on Rs.9.00 per pices / kgs it means less price sale the goods through depot.
here is one question raised we pay the excise duty @12.5% on hire price but depot duty charged the less price so my thought is what can do the paid excess duty on said goods
kindly give us advice we adjusted the same the duty from payable depot duty or we pay the same duty of our Factory
Also we want the central excise rule also for this issue.
Treat Most urgent.
Regards
Gautam
Arun Kumar Singh
(Expert)
03 April 2016
You cannot adjust the duty.
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