Excise invoice - cvd
This query is : Resolved
Shankar T S
(Querist)
15 February 2016
Dear SIr,
In one of our Excise invoices- it included machine and tools related to machine. When we invoiced we did not pass on the CVD for the tools but only passed on the CVD for machine. In this invoice only the machine went . Now tools will go in separate invoice. In such a case can we have any remedy to pass on the CVD on tools to the customer. Our Total Sale price is already agreed. Machine portion went . For Tool portion there is no value mentioned in the PO and so tool Invoice going separately should only be with CVD value which is getting passed on. Kindly advise
In one of our Excise invoices- it included machine and tools related to machine. When we invoiced we did not pass on the CVD for the tools but only passed on the CVD for machine. In this invoice only the machine went . Now tools will go in separate invoice. In such a case can we have any remedy to pass on the CVD on tools to the customer. Our Total Sale price is already agreed. Machine portion went . For Tool portion there is no value mentioned in the PO and so tool Invoice going separately should only be with CVD value which is getting passed on. Kindly advise
Arun Kumar Singh
(Expert)
20 February 2016
After supply of goods you can issue a supplementary invoice against supply of that tools.
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
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Taxation of crypto futures in India Fy 2026- 2027
- MSME disclosure and disallowance
- EPF ECR NEW RULES Sep 17th 2026
- Issuing of delivery challan by seller of goods
- Transfer of Physical Stock Between Two Proprietorship Concerns
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- 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
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
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
