Excise invoice trading company

Dear Sir,

Please take the sales return & re-issue the same with complete docs.

Regards.

Dear Sir,

As Negi is telling to show it as sales return & again reissue the invoice it may be litigated in future. B'coz if we show it as sales return then your customer require to pay atleat sales tax. And for re-issue of same material you will also require to pay sales tax. So instead of this, My suggestion is that you issue invoice with normal dity calculation & pay interest for delayed days. Interest calculation will be day wise.

Originally posted by : CA Nitin Karmalkar
	Dear Sir, As Negi is telling to show it as sales return & again reissue the invoice it may be litigated in future. B'coz if we show it as sales return then your customer require to pay atleat sales tax. And for re-issue of same material you will also require to pay sales tax. So instead of this, My suggestion is that you issue invoice with normal dity calculation & pay interest for delayed days. Interest calculation will be day wise.

sales return within 180 days does not need to pay sales tax or repay sales tax (VAT)

dealer can not pay interest on excise, instead once the invoice is skipped, he can not issue it on later stage, as its "transport document", so the advise of Mr Negi is 100% correct to save the situation.