excise duty on warranty spares
This query is : Resolved
30 March 2009
When we send spares,parts etc. free of charge during the warranty period (these were not included while valuation) do we need to debit excise? also, please clarify in case of a debit do we need to raise invoices indicating free of charge?
03 April 2009
Yes CED is tobe paid on removal of manufactured products.
You may raise an Invoice saying free supply and if the cusotmer can avail the credit that amount would be recoverable from him.
You may raise an Invoice saying free supply and if the cusotmer can avail the credit that amount would be recoverable from him.
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