Dealer's credit passing

519 views 5 replies

Case:-

'P' agency is a dealer in gas, registered as excise dealer. Passes credit given by the Hindusthan Petrolium Corporation Limited to its sundry debtors or customers who are registered under excise.....

If in case it sells the goods to a non registered cutomer whether it need to issue excise invoice to him by passing exice credit to the un registered customer???

Replies (5)

If buyer is not registered under central excise then no need to issue cenvatable invoice to non-register unit. Only you can issue invoice without cenvat credit. 

Then what about the credit we got, that will remain unutilised at stock r8??

Dear Shrinidhi,

No excise invoice needed if you are selling your product to unregistered customer.

Accordingly please write off the credit if any shown in books.

You can accordingly include in your cost element and issue a commercial invoice insteadof Excise invoice.

 

Regards

Karan

Karan,

Can we issue excise invoice??. We can issue excise invoice r8??. If they got registered,they will utilise it...
 

yeah , According to excise provision do not restrict you from issuing excise invoice.

Regards

Karan

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
06 July 2026
Accountant

Agarwal Anoop and Associates

Noida

CA Final

View Details
Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
05 July 2026
Financial Controller

NovumLake Partners

Mumbai

CA

View Details