Excise invoice

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Amitabha Mukherjee

Sr. Manager GST

253 Points Joined January 2010

Dear

One question that:-Normal procedure of sale invoice in excise that date/Time of preparation and date/Time of removal should be same. 1) Is there any bindings in excise that despatch of the goods should be done on the same day on which invoice is prepared. Can Date/time of preparation vary with date/time of removal . suppose we prepared the excise invoice on 26.09.12,at 17-00 hrs if we send it on 27.09.12,at 19-00 hrs, in regular basis . is this possible ? What is the procedure,under what rule/cicular/notfn etc. . 2)If any otherwise happens truck get some problem after loading,Loading problem, Strike etc. then it may be two or three days delay. in this case what is the normal procedure. Is there any 24 hours limitatin to despatch the goods. Sir we go through the manual there is no such rule/ procedure we find under Rule 11. We want to get on urgent basis.

Replies (5)

CA ANKUSH AGGARWAL

CHARTERED ACCOUNTANT

2782 Points Joined July 2009

As per Rule 11 Of Central Excise rules,2002 NO GOODS SHALL BE REMOVED WITHOUT AN EXCISE INVOICE.....there is no such requirement that excise invoice must be prepared only at the time of removal.....Requirement is only that goods removal must be accompanied by the excise invoice under rule11.So You are absolutely correct in saying there is no legal binding on preparation of invoice at any time before removal.

However in general practice it is prepared only at the time of removal.

Please correct me if I am Wrong

sharad bhatia

Article

44 Points Joined July 2011

I aggreed with Mr. Ankush moreover i would like to tell that , Rule 11 of central excise rules, 2002 (i.e Invoice) explains that no goods shall be removed from the factory until & unless the invoice for the same have been prepared. But "Rule 11" also explains the compliances pertains to prepration of invoice (i.e descripttion of goods to be remove, registration no., excise duty , date of sale invoice, etc..) .So indirectly rule 11 explains that date of remo\val of goods & date of sale invoice shall be same .

CA ANKUSH AGGARWAL

CHARTERED ACCOUNTANT

2782 Points Joined July 2009

As per Rule 5 Rate Of Duty to be taken for calculating assesable value of excisable goods shall be the rate as on the date of removal.So in case you prepare the invoice before the date of removal and excise duty rate changes from next day you have to cancel the previous invioce.

PRATIK PADHIYAR

SR. EXECUTIVE - ACCOUNTS & LOGISTICS

30 Points Joined May 2015

In Case of Export We have to make Export Invoice for arranging Shipping. Is it possible to make Export invoice prior to the date of Removal?

PRATIK PADHIYAR

SR. EXECUTIVE - ACCOUNTS & LOGISTICS

30 Points Joined May 2015

In Case of Export We have to make Export Invoice for arranging Shipping. Is it possible to make Export invoice prior to the date of Removal?

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