banner_ad

Can we claim Excise duty through Debit Note.

3031 views 4 replies

Any one please guide me reg. ED.

For Example : We made Purchase order by mistake for Rs. 100 , but actual price is Rs.80.

The Seller had made Invoice as per P.O. for Rs. 100. adding ED 14.42% and VAT applicable.

At the time of Goods & Invoice received the Buyer found the mistake.

In this case, the Buyer made Debit Note for the price difference of Rs.20. Plus ED & VAT.

Through this Debit Note , whether the Seller can claim the ED what they already paid or not.

Is there any other procedure.

please guide me.

Replies (4)
Originally posted by :L KANAGARAJ
"

Any one please guide me reg. ED.
For Example : We made Purchase order by mistake for Rs. 100 , but actual price is Rs.80.
The Seller had made Invoice as per P.O. for Rs. 100. adding ED 14.42% and VAT applicable.
At the time of Goods & Invoice received the Buyer found the mistake.
In this case, the Buyer made Debit Note for the price difference of Rs.20. Plus ED & VAT.
Through this Debit Note , whether the Seller can claim the ED what they already paid or not.
Is there any other procedure.
please guide me.

 

THe problem with the seller is, they can not claim ED through debit note. he has to only apply to department for refund.

"


 

Thank you Sir.

If it is in the same month, they can adjust.  Otherwise rules provide only applying for refund.

 

Dear Sir,

Please send me Duty debit letter format. for excise office intimation purpose. so the reason was ARE form Not received within 3 months. For  this reson we are asking  letter fomat so forward to our mail below.

 

ramana_k36 @ rediffmail.com

Thanking you

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
09 May 2026
Audit Manager

Kanna and Associates

Coimbatore

CA Inter

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
11 May 2026
CA Dropout

Patron Accounting LLP

Pune

CA Inter

View Details