banner_ad

How to raise invoice on resale of imported products?

EXICSE (Legacy) 360 views 2 replies

Dear Sir,

We have imported products for the first time and payed all the duties(BCD, CVD, edu cess, High edu cess and Special Additional Duty(SAD).   We want to resell and have to pay the local sales tax. I was learned, we can claim the additional SAD(4%) if we pay the local sales tax.

Declaration for non-admission of Cenvat Credit: Importer is required to make a specific declaration in the sale invoice that no CENVAT credit would be admissible in respect of 4% CVD.

Does this mean, Do we need to print special invoice with above information and issue on resale?

Thank you.

Regards,

Durga

Replies (2)

Above red marked declaration may be given in remarks column by typing, or you may use a seal (stamp) stating the same language on the invoice. You need not to get special invoice for this.

Then we will print a separate line in cash bill.

NO CENVAT credit would be admissible in respect of 4% CVD:  YES/NO

we will cross the "NO" on sale of imported products.
 

Thank you sir for your guidance.

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details