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is supplementyary bill compulsary issue ?

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this is regarding mistake in a exciseable sale invoice.

the basic price of this item was rs.2.75 and price mentioned in bill was  27.5 paise.

so now i have to raise supplementary bill for the differential rate difference ie., rs.2.48(2.75-.275).

Replies (3)

 

Its not compulsory but mostly manufacture raise supplementary invoice for account in party ledger if they do not same than may be they will get loss on their product…

Raise supplementary invoice and pay duty accordingly. 

Originally posted by : SUDARSHAN JAIN

this is regarding mistake in a exciseable sale invoice.

the basic price of this item was rs.2.75 and price mentioned in bill was  27.5 paise.

so now i have to raise supplementary bill for the differential rate difference ie., rs.2.48(2.75-.275).

yes, where duty matter is involved u have to raise supplimentary invoice with payment of diff of duty involved, 

be careful in future while issuing invoices as valuation rules may invite troubles, if noticed by department. 

without supplementary invoice, the purchaser can not take credit for excise charged. (if the diffrence was debited to party by debit note


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