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
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.
CAclubindia
