Menu
Central excise
if we do not receive excise purchase bill, do we have to charge excise in our sale bill.
And can we make one bill with excise duty and other bill without excise duty
kindly clarify
Replies (5)
You have to charge excise duty from your customers and it is immaterial whether you receive excise purchase bill or not.
If you manufacture an excisable good then you have to charge excise duty on removal of goods from the factory.
If you manufacture an excisable good then you have to charge excise duty on removal of goods from the factory.
its not mandatory to receive excise in purchase bill, but when you sale manufacturing item with purchase items & you have excise no. also so you have to charge in your sale bill.
yes, you can use same book for billing excise or
or without excise sales, but when excise chargable you have to charge it, & you use bill no. upto 9999
just wait
what type of registration is held by seller?
registered dealer / depot ? then they dont have rights to charge any excise , but they can pass only the excise charged by manufacturer to buyer
if the seller is holding a manufacturer status, then they have to pay excise duty, irrespective of fact that he is unabnle to take credit of excise paid in abswence of cenvatable excise invoice,
Recent Topics :
- On which amount 200% penalty under section 270A is
- RECEIVED INTIMATION U/S 399 FOR TDS PAYMENT ON PRO
- How do CA firms track SEBI/AMFI circulars and dead
- Jurisdictional validity of Sec 148 notice after fa
- Taxable Income or Not
- GST Input Tax Credit (ITC) on Camera Purchase &
- What makes CA Himanshu Singla different from other
- TAX TREATMENT AND ACCOUNTING ENTRIEOF PERQUISITES
- Gifting money to my father-in-law (my husband's da
- GSTR-1 JSON from marketplace exports (Myntra / Ama
Related Topics :
CAclubindia
