Excise duty + sale in transit
This query is : Resolved
Manjiri Patankar
(Querist)
01 December 2012
client(A) got contract for supply of goods to X. A has placed order on manufactrer B for supply. Invoice raised on A but dispatched material directly to X. A has paid excise duty on material purchased. As per contract excise duty will be paid extra.
Please explain how the invoicing should be done? One between A & B & other between A & C to get back exise duty paid from x.
Please explain how the invoicing should be done? One between A & B & other between A & C to get back exise duty paid from x.
U S Sharma
(Expert)
01 December 2012
B will issue invoice goods+ED+vat to A
A will issue invoice to C on gross + Vat
if C requires cenvat credit, then A has to get registered with excise as dealer and issue cenvatable invoice to C on the strength of invoice of A
A will issue invoice to C on gross + Vat
if C requires cenvat credit, then A has to get registered with excise as dealer and issue cenvatable invoice to C on the strength of invoice of A
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