Supplementry invoice

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Bijender (Querist)
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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

Arun Kumar Singh

Arun Kumar Singh (Expert)
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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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