Trading in excisable manufactruing unit
This query is : Resolved
11 June 2012
We are the manufacturer of Corrugated Boxes having Excise registration. we purchase the finished good from any party (Which is not Excisable Unit). We want to sale these Boxes. Can we do trading of Boxes by other bill book or only by Excisable bill? What entry will be done in RG I for those Boxes, if Excisable Inv. will made?
Lalit Tomer
(Expert)
11 June 2012
yes u can trade boxes but one bill boook shoul be use at one time so u cant use another bill book.
13 June 2012
Thanks, But what entry will be done in RG 1 for those boxes? and where we would seen that sale in ER-I, because these boxes are not our manufacturing?
Madhukar N Hiregange
(Expert)
14 June 2012
These traded boxes shouldbe entered only in the stock register and not in the RG-1 maintained by you.
In the excise invoices the fatc that the same is only a tarding transaction shouldbe made clear.
In the excise invoices the fatc that the same is only a tarding transaction shouldbe made clear.
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
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Employee secondment
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- Ito add credit side of bank
- GSTR9 Annual Return
- Reward for festival
- Capital gain on commercial property and investment in residential property
- Rent agreement of House of deceased person
- Accounting Treatment of Civil work to install PORTA Cabin for office use
- Gift to nri relatives resides in usa
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- Need Professional Opinion - AY 2012-13 Old Demand & AY 2026-27 Refund Adjustment
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
