Dear sir/madam I hereby requested for answer my query
Is this mandatory for car manufacturer to add excise duty on each car of each invoice when will be sold to car Dealer?
For example :One car on invoice base rate is 4,00000+12%( Excise duty)=448000(total cost) and manufacturer will also add Consignee address,Time,Date of Invoice with authorized signatory. OR Is Manufacturer have power to generate invoice without Excise duty on car invoice ?
Manufacturer will issue the invoice with excise duty.
| Originally posted by : Arun Kumar Singh | ||
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Manufacturer will issue the invoice with excise duty. |
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Sir I recently bought A car Of General Motor Beat Diesel from one Dealer of Delhi ,When I asked car Dealer for provide manufacturer Invoice(factory/plant invoice) Of GM,Then Dealer gave me invoice copy of manufacturer GM,you will get it on attachment,I shocked to saw that No excise duties paid by manufacturer.and It has mentioned that
car base price=398199
Tradediscount -22222
Total 375,977
Ins.+freight + 12180
Total 388157(car price to pay for Dealer)
| Originally posted by : Harish | ||
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Sir I am waiting of your answer please help me, How is this possible Manufacturer General Motor had generated Invoice without excise duty paid to Govt as per mentioned Invoice in attachment. your reply would be appreciated |
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| Originally posted by : kumar hattanna | ||
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Dear Harish Every Manufacturer has pass on excise duty to the buyer (dealer), The car has been brought for your personal use or is it for your company purpose, don't mind pls let me know. If it is for personal us no need to worry about your excise duty matter, or if it is for company purpose you must obtain excise duty invoice from the dealer. There is chance of Basic price inclusive of duty in most of the cases. Please confirm with experts from the forum. Regards Kumar |
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Sir,Car purchased by me for personal use of my family ,I have query why Dealer has not give me proper invoice of manufacture GM(with excise duties)?
In terms of rule 11 of Central Excise Rules,2002, all the excisable goods cleared from the factory should be under the cover of an invoice duly showing the duty structure. Once the goods have been moved outside after suffering the due duty, then depending on the ultimate customer, dealers used to generate invoices. Generally, Show room invoices meant for individual customers never issue duty detailed invoices. They include every thing into base price. If the vehicles are meant for factory or for providing any output service, then user of the same will get depreciation benefit under income tax in respect of former and CENVAT benefit in the case of later. However, it is to emphatically say that no car will be released into the market without payment of duty unless it is otherwise exempted from payment of duties.
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