Excise duty
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 October 2011
Dear All,
We got one vendor who is covered under excise has sold one Tool to us without charging Excise duty, since as per him he has done only some development on that tool and the tool was purchased from an party who was not covered under excise.
My Queries are :
If an party who is covered under excise can sell goods without charging excise since the tool which he has purchased from the party was without excise duty
Under which rule it was covered .
Regards.
Rajesh Kotkar
Company Secretary & Inter ICWA
We got one vendor who is covered under excise has sold one Tool to us without charging Excise duty, since as per him he has done only some development on that tool and the tool was purchased from an party who was not covered under excise.
My Queries are :
If an party who is covered under excise can sell goods without charging excise since the tool which he has purchased from the party was without excise duty
Under which rule it was covered .
Regards.
Rajesh Kotkar
Company Secretary & Inter ICWA
10 October 2011
may be the goods he sold is not of his manufacturing clearance, but traded goods.
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
- GST ITC REVERSE
- Fixe term employment
- Is any professional CA is here please reply
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Gift Received from nonblood relative
- Section 50-fixed asset-->building ceases to exist
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- Foreign lottery ticket bought online from India: legality, tax and consequences
- Putting a heading on received mail
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
