Invoice detail
This query is : Resolved
15 October 2013
Dear Expert
i am working in a manufacturing company from last 2 years ,its makes moulds for plastics parts,but due to work load we given a order to a other party for making mould ,company has done his work accordingly ,company make a excisable invoice on behalf of sale
Detail under below:-
Qty 2 nos basic Amt :- 1500000/-
Excise Duty 12% 180000/-
Edu/H Cess @3% 5400/-
CST @ 2% 33708/-
Total price 1719108/-
But after Receiving the moulds & Bill also we can do work on this ,So question is that how could make invoice ,can i make excisable invoice or as such remove invoice Please Suggest me ,when i make invoice basic amt 1700000/ please tell all duties while making invoice
i am working in a manufacturing company from last 2 years ,its makes moulds for plastics parts,but due to work load we given a order to a other party for making mould ,company has done his work accordingly ,company make a excisable invoice on behalf of sale
Detail under below:-
Qty 2 nos basic Amt :- 1500000/-
Excise Duty 12% 180000/-
Edu/H Cess @3% 5400/-
CST @ 2% 33708/-
Total price 1719108/-
But after Receiving the moulds & Bill also we can do work on this ,So question is that how could make invoice ,can i make excisable invoice or as such remove invoice Please Suggest me ,when i make invoice basic amt 1700000/ please tell all duties while making invoice
16 October 2013
After receiving the excisable goods if you are not doing any activity and no value addition in the assessable value then no need to make another tax invoice. If any value addition or activity amounts to manufacture then you will raise the tax invoice and pay the excise duty.
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
- Refund Annexure-B
- House Property Reporting in ITR
- TDS Claim year
- Liable to deduct tds and 44ADA
- TDS Challan Code
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- Refund of 20%pre-deposit paid for stay application
- Two seprate Invoice needed
- CCFS 2026 Schemed
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
