Excise duty on export sale
This query is : Resolved
05 August 2013
We have to export in US a machine [Product by our Clint] @100 Doller. and we have received full advance payment. which INR is Rs. 5700/- Now my question is that what amount we have to show in our sale invoice 5700/- or 6000/- [As per current exchange rate] and excise duty 12.36% will be calculate on 5700/- or 6000/- and the party has paid the amount in advance rs. 5700/- so they will not pay 12.36% extra. So please help
05 August 2013
You should prepared the invoice of Rs. 5700/- and duty will be calculated same value.
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
- Two pancard
- Query Regarding Income Tax Rate on Gain from Transfer of Partnership Stake (LLP Partner)
- Transfer of MF
- Can we claim ITC in 28%
- Regarding E-invoice Generation
- CA Final exam Form
- Can we claim RCM ITC paid on Gst audit of earlier years,
- Question of gst and income
- Expenses add back in profit
- Interest on borrowed capital rental income
- Spice form, ? mark comes in address
- Tds on GST in connection with sale to public company
- B2B Amendment
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- Regarding Advance Tax not claimed in the Return of Income for A.Y. 2025-26
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
