Int. on supp. invoice
This query is : Resolved
Ritesh choudhary
(Querist)
23 March 2016
Dear Sir,
I have raised a supplementary Excise Invoice to my customer on 01-01-2016 but the original Excise Invoice was raised on 01-11-2015 now I have to pay Int. on supplementary Excise Invoice.
Please advice me about the calculation of interest on the same
Thanks & Regards,
Ritesh
I have raised a supplementary Excise Invoice to my customer on 01-01-2016 but the original Excise Invoice was raised on 01-11-2015 now I have to pay Int. on supplementary Excise Invoice.
Please advice me about the calculation of interest on the same
Thanks & Regards,
Ritesh
Arun Kumar Singh
(Expert)
27 March 2016
Yes, you need to pay duty along with interest on supplimentry invoice at the rate of 18% per annum.
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