WE HAVE DEPOT AT VALSAD AND WE HAVE EXCISE REGISTRATION NO. FOR BOTH DEPOT AND FACTORY... WE SOLD GOODS AT THE SAME RATE FROM DEPOT AND PAID EXCISE DUTY AT THE TIME OF REMOVAL FROM FACTORY.. GOODS ARE SOLD TO SSI UNITS. WE RECIEVED DEBIT NOTE(SALES RETURN )FROM SSI UNITS IN WHICH THERE IS NO EXCISE DUTY. NOW HOW TO TAKE THE CREDIT OF SAME.
Menu
Excise- depot
Replies (1)
Hi, As per my knowledge excise duty has no relation with sales. Excise duty is arise only on removal of goods from place storage. Yes, but we can file refund of excise duty, irrespective of sales. Pls check the attached file for more knowledge. Also udpate me, if u have any new updations.
Recent Topics :
- GSTR 9 LATE FEE
- Best Online Mock Test Series for CA Inter January
- COST OF IMPROVEMENT
- Pillows and Mattresses
- GST Applicability for Reg. / Un-Reg. Indian custom
- Amended GST Act & Rules
- FAST DS 2026 MAIL QUERY
- Does Anyone need CA Foundation books of May2026 at
- Last day for ITR-U for AY 2023-2024 (FY 2022-2023)
- Sale of shares in indian company by a non resident
CAclubindia
