13 October 2010
As a manufecturer, We purchased input from another supplier. If we purchased 100 Kg. input from supplier and supplier sent the goods with invoice of 100kg. with value of goods as well as exciseduty. In my premises i received 95kg.because of 5 kg. loss in transit. we pay to supplier value of 100 Kg. Now question is can we avail the credit of 100 Kg. value or 95 Kg. Kindly reply soon
CAclubindia
