what meaning of as such sale as per Excise Act & Rules

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Dear Friends,

 

i want to konw that what is the  process of As Such Sale as per Excise Act & Rules. Please tell me with the

referance of the Excise Act & Rules. Any type Note, I'll give on Excise invoice for As Such Sale. How i genrate the excise invoice for as such sale.

 

Manoj K Jain

+91 9785208915

Replies (1)

Dear Manoj Jain, 

As per rule 3(4) (b) of Cenvat Credit Rules, 2004  We can clear/sale or Return to the supplier  any Input or Capital Goods as  "as such" sale, as such sale  by paying an amount  equal to Cenvat Credit taken, the Invoice is same as TAX INVOICE for domestic clearances.

The above said rule is to be mention in the invoice any where convenient to your format with BOLD LETTERS.

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