11 June 2011
We have purchase mould in 2003-04 and collect the money from customer in 2003-04, that time we were prepared invoice with excise & sales tax @0.5% (resale tax)(mould were not move physically that time). Now we have to send this mould to customer in USA.
So please let me know what is the impact of excise & sales tax?. Can we prepare invoice without excise & sales tax?