banner_ad

Excise duty

This query is : Resolved 
Profile Image

Profile Image

(Querist)
13 February 2013 We have sold goods to a unit in SEZ out of the 5 sales 2 sales are made with out duty and 3 sales are made with payment of excuse duty. All the 5 Sales have been rejected. the unit raised the invoice by imposing the excise duty on all 5 sales. Against the 3 duty paid sales we have claimed for rebate. My request is whether we have to take in to account the excised duty against the 5 sales or against the duty paid sales.

Please the explaing the excise and accounting procedures.
Profile Image

CS ,CMA Shambhu Kr. jha

Profile Image

CS ,CMA Shambhu Kr. jha (Expert)
15 February 2013 Dear Friend
Duty reversal is allowed only on those sale which was sold with duty .
You can't avail the credit of the sales return that was sold by you without duty and returned to you with duty .

Thanks & Regard
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
11 May 2026
AUDIT INTERN

M/S K.K.KHANNA AND COMPANY

Noida

CA Foundation

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
11 May 2026
CA Dropout

Patron Accounting LLP

Pune

CA Inter

View Details