Excise duty applicability on packaging and forwarding charge
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 August 2012
We are a manufacturing company paying duty on excisable machinery ,in our invoice we are adding packaging and forwarding charges but paying duty excluding pack and forwarding.
Now the central excise demanding duty on packaging and forwarding charges with reference to some circular.But we maintained that this machinery not needed packaging .Please tell the its merit of the case
Now the central excise demanding duty on packaging and forwarding charges with reference to some circular.But we maintained that this machinery not needed packaging .Please tell the its merit of the case
08 August 2012
as the machine was sold with packing, duty is payable on gross assessable value, otherwise you had to make debit notes for packing not to make invoice for the same,
in case you had despatched machine without packing and packing got done by customer after taking delivery from you then you are not liable.
department is right as you have sold the goods including packing, so the assessable value got increased with the packing cost.
in case you had despatched machine without packing and packing got done by customer after taking delivery from you then you are not liable.
department is right as you have sold the goods including packing, so the assessable value got increased with the packing cost.
Message likes :
1 times
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
- Capital gain from sale of house property
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- TDS on Purchase of Immovable Property by NRI from NRI
- Value of property in capital gain
- SFT Cash Deposit in Current Account
- Copyright software
- Multiple trade mark
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- TDS APPLICABILITY....../
- Transporter Declaration form
- E-Invoice applicability for new Startup
- Filing of MSME 1 form by companies
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
