Dear Members.
We are Excise Dealers, We are pass on the Excise duty to our customers. The Basic Price is Inclusive of Excise duty. Extra Vat / CST Will levied on Baic Value.
"We are shown Seperately Exciseduty in Dealer Invioce"
My query is
Can We charge VAT/CST on Excise duty shown in seperately in Invoice...?
dealer excise invoice is only for excise duty pass on , you have to charge vat/cst on your tax invoice meant for vat purpose.
in dealer invoice, you have to show the tax invoice value( prior to vat/cst) in value, however there is no bar to issue invoice at cost price also but only in excise invoice.
Did you mean VAT /CST need not levy Excise duty seperatly shown in Invoice...?
We are issued to our customer only Delivery challan and Tax Invioce (Dealer Invioce). No other Invioce for VAT/ CST.
We are Receive Money from our customer only based on Dealer Invioce.
We are compulsory to issue Sepearte Tax Invioce for Vat/ CST.
Tax invoice is for VAT /CST rules and it does not have any direct nexus with excise rules
Excise dealer invoice is pass on document of duty only , which contain , point of manufacure, clearence from manufacture and their reference / 1st stage dealer ref ( in case of 2nd stage deealer) and goods sold to buyer with per unit duty and edu cess paid/ total duty + cess paid, with reference to 23D register.
Can anybody help me for format of Excise Dealer Invoice; and also method of preperation of the invoice
Subrahmanyam
my email id: svedantham_mithra @ yahoo.com
CAclubindia
