Differential duty calculation

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Bivas Nag (Querist)
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24 June 2015 Dear All Professional Members,

Can you please provide the detailed procedure for calculation of Differential Duty of Excise.

Ours a manufacturing unit in West Bengal and have various depot in other state. We are transferring materials from our manufacturing plant to various depot and occurred direct sale from there. What will be the rate for commodity in the following circumstances:-

a) if we charged lower rate than Factory Rate by giving discount in the subsequent sale from Depot?????

b) if we charged higher rate than Factory Rate from Depot Sale?????

In case any ready templates exists, please share.

Best Regards,

Bivas

Ajay Raghatate

Ajay Raghatate (Expert)
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25 June 2015 Dear Bivas

1 Differential Excise Duty liable, if you have sold materials from depot on higher rate than transfer from factory.

You can issue supplementary Invoice from factory and pay duty

2 If you have sold on lower rate, then you have to bear loss of Excise duty excess paid on transfer.

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