Go AD-Free with CAclubindia PRO for Rs 167/Month Only. Subscribe Now!

Cancelled Invoices

673 views 2 replies

Deeps

Article Assisstant

2485 Points Joined November 2008

In case of Manufacturing concerns if there is any cancelled invoices should it be informed to Excise Authorities ?

If yes pl. also show the Rule to it.

Thanks in advance :)

Replies (2)

CMA Ramesh Krishnan

Cost & Management Accountant

71609 Points Joined September 2008

Hi Deepika

Cancelation of Excise invoice shoud be intimated to Range Suprintendent on the same day if possible.In exceptional circumstances, intimation can be sent next day. This only as per administrative instructions and there is no such provision in rules

Thank you

CA.G.Muguntha Narayanan

Internal Auditor at TVS Motors

2195 Points Joined January 2010

hi deepika,

Please refer RULE 11 of the CENTRAL EXCISE RULES,2002, as per which

the original invoice has to be sent to the department. Cancelation of Excise invoice shoud be intimated to Suprintendent on the same day or if not possible on the next day