Supplementry invoice
This query is : Resolved
13 August 2013
Dear all,
I am there in a excise unit. We sold the material with an excise invoice in May 2013. And now on Aug. we provide a supplementary invoice regarding that invoice due to by mistake rate was low in the previous invoice. Again excise is applicable in the invoice and it is more than 100,000/-. Should we also submit the interest on this excise amount from may to aug., if yes how much percentage?
Thanks in advance
I am there in a excise unit. We sold the material with an excise invoice in May 2013. And now on Aug. we provide a supplementary invoice regarding that invoice due to by mistake rate was low in the previous invoice. Again excise is applicable in the invoice and it is more than 100,000/-. Should we also submit the interest on this excise amount from may to aug., if yes how much percentage?
Thanks in advance
Arun Kumar Singh
(Expert)
13 August 2013
You can issue the supplementary invoice and for the said period and interest will be applicable @ of 18% per annum.
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