Excise claim and purchase entry under e-1
This query is : Resolved
11 August 2015
Respected Experts,
I want to know that, under E-1 purchase we received material from the dealer of our supplier. and invoice is shipped to us and raised to our creditor. Now i want to now how to pass entry in our books to claims excise credit. coz if we booked invoice in our books from the dealer who send to goods us to claim excise credit so, how can we issue c form in the name of our supplier who is not registered under Excise.
I want to know that, under E-1 purchase we received material from the dealer of our supplier. and invoice is shipped to us and raised to our creditor. Now i want to now how to pass entry in our books to claims excise credit. coz if we booked invoice in our books from the dealer who send to goods us to claim excise credit so, how can we issue c form in the name of our supplier who is not registered under Excise.
14 September 2015
If Dealer is registered under central excise then you can take the cenvat credit on the basis of dealer invoice.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Refund Annexure-B
- House Property Reporting in ITR
- TDS Claim year
- Liable to deduct tds and 44ADA
- Refund of 20%pre-deposit paid for stay application
- Rent lease agreement
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- TDS Challan Code
- ASISSE return under the provisions of the Collection of Statistics Act, 2008 (7 of 2009)
- Agriculture income or business income
- Internship/Academic shown in Salary Pay Slip of a Doctor
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
