10 November 2012
Hello sir, I want to ask that when excsiable goods remove to self company store and the store is sales the goods to companies,whole seller and direct to a customer, than i ask who is lible to pay the duty, factory or factory store if store, why
10 November 2012
1) store is to get regd as dealer under excise.
2) excise is payable at the time of clearance from factory, and if price enhancement is figured out at the time of sale from store, then supplimentary invoice should be issued and duty should be paid
CAclubindia
