Liability of excise duty....
This query is : Open
Brijesh Tripathi
(Querist)
30 August 2012
A good day to all of you. Requesting you to please resolve my query. Thanks in advanse to all of you.
Situation is like that
Our Co. say X manufactures furniture, which is excisable. We are paying excise duty on removal of goods from factory.
Let we purchase some furniture from co. A and directly delivered it to premises of other co. B. We raise purchase order in the name of co. A , and made Goods Receipt Note after delivery at Co. B. We never bought the material at our factory premise ie co. X. We take payment from co. B and pay to Co. A. My query is what document to be given to Co. B from Co. X. Is it excise invoice or commercial invoice. WilI we have to charge excise duty from Co. B. Please advise me?
regards
Situation is like that
Our Co. say X manufactures furniture, which is excisable. We are paying excise duty on removal of goods from factory.
Let we purchase some furniture from co. A and directly delivered it to premises of other co. B. We raise purchase order in the name of co. A , and made Goods Receipt Note after delivery at Co. B. We never bought the material at our factory premise ie co. X. We take payment from co. B and pay to Co. A. My query is what document to be given to Co. B from Co. X. Is it excise invoice or commercial invoice. WilI we have to charge excise duty from Co. B. Please advise me?
regards
CA Suresh Jain
(Expert)
02 September 2012
You need to give a Commercial Invoice. No excise duty is involved
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