Int. on supp. invoice

This query is : Resolved 

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

27 March 2016 Yes, you need to pay duty along with interest on supplimentry invoice at the rate of 18% per annum.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro



Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news


Answer Query



Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details