Removal of Excisable goods after 24 hrs from Invoice

This query is : Resolved

Ashish (Querist)
Follow

21 March 2011 Is it neccessary for removal of the excisable goods within 24 hours from invoicing?

==> if not removed the excisable goods than is it required to cancel the Invoice?

Thanks in Advance
Ashish Gupta

P.Bashista

P.Bashista (Expert)
Follow

22 March 2011 If goods are not removed the invoice needs to be canceled and shall be intimated to the range superintendent within 24 hours. The intimation letter shall accompany the original invoice and the triplate copy shall be retained, especially for the audit purpose.

Ashish

Ashish (Querist)
Follow

22 March 2011 Thanks! Can you please tell me the section & clause of Excise?

Upgrade to CAclubindia Pro. Subscribe Now!

P.Bashista

P.Bashista (Expert)
Follow

22 March 2011 Chapter 4 Part I Para 12.1 of CBEC & C's Manual.

Message likes : 2 times