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Excise on price difference

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 June 2016 Dear Sir,

If price difference takes place against purchase of excisable goods, then excise is applicable for such price difference ?
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Rupesh Jain

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Rupesh Jain (Expert)
29 June 2016 yes exise will charge on the increase price, for that supplementory invoice will raise with ref of old bill no .
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Querist : Anonymous

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Querist : Anonymous (Querist)
29 June 2016 And what about cut in rate ?
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Rupesh Jain

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Rupesh Jain (Expert)
29 June 2016 there is no method for that you have to file the case with commissioner of excise then they give you refund, but at present till date no party get it from the deptt., under supreme court all party will loss the case.
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Querist : Anonymous

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Querist : Anonymous (Querist)
29 June 2016 I am talking about purchase rate difference.
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Rupesh Jain

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Rupesh Jain (Expert)
29 June 2016 you can take the input of excise on purchase invoices.

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