Ecise duty on tools & fixtures kept at supplier end
Querist : Anonymous
We have purchased tools & fixtures from our supplier and kept at there premises.Now he want to raise a invoice of tooling with excise duty.
Now my question is can we get the credit of excise duty?? as tool is still in there factory and we suggest him to charge excise duty proportionately on further dispatch of material made through tooling & fixtures.
you can avail input credit on purchase invoice ( excise paid) as capital goods.
Querist : Anonymous
repeat the challan from job worker and yours every 6 month or 1 year as u feel good
Querist : Anonymous
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