Goods sent on consignment basis
This query is : Resolved
25 August 2008
Hello
Whether invoice under excise is required to be raised on consignment agent when the goods have been sent to him on consignment basis?
My client sends the goods to consignment agent but the property in goods in not transferred.
Can consignment agent raise another invoice under excise for goods which he does not own?
Whether invoice under excise is required to be raised on consignment agent when the goods have been sent to him on consignment basis?
My client sends the goods to consignment agent but the property in goods in not transferred.
Can consignment agent raise another invoice under excise for goods which he does not own?
Arbind Aggarwal
(Expert)
27 August 2008
Excise invoice is mandatory for removal of goods from the place of manufacture, sale or transfer is not relevant in excise.
Consignment agent may issue excisable invoice if he is registered as trader unser excise.
Ownership is not relevant.
arbindaggarwal@yahoo.com
Consignment agent may issue excisable invoice if he is registered as trader unser excise.
Ownership is not relevant.
arbindaggarwal@yahoo.com
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