Int. on supp. invoice
This query is : Resolved
23 March 2016
Dear Sir,
I have raised a supplementary Excise Invoice to my customer on 01-01-2016 but the original Excise Invoice was raised on 01-11-2015 now I have to pay Int. on supplementary Excise Invoice.
Please advice me about the calculation of interest on the same
Thanks & Regards,
Ritesh
I have raised a supplementary Excise Invoice to my customer on 01-01-2016 but the original Excise Invoice was raised on 01-11-2015 now I have to pay Int. on supplementary Excise Invoice.
Please advice me about the calculation of interest on the same
Thanks & Regards,
Ritesh
27 March 2016
Yes, you need to pay duty along with interest on supplimentry invoice at the rate of 18% per annum.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- GST ON EXPORT COMMISSION
- Should I report my US salary for January, February, March in Schedule FA?
- RCM INVOICING FROM NOV-2024
- GST input on Mobile Handset
- Material and freight in same invoice
- TDS under section 194J inclusive of reimbursement of expenses
- TDS on Material and Labour in same invoice
- Should I be worried about and rectify reporting Jan,Feb ,March 2024 foreign salary in schedule FA?
- BUYING PROPERTY COULD NOT FILE 26QB
- Gst input for FY 23-24
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
Trending Online Classes
CAclubindia
