Excise duty

This query is : Resolved

Ramesh (Querist)
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28 December 2011 One customer is sending some inputs through his excise gate pass which is fitted in our fabricated supplies and we bill them (our price + his fittings)

Here unnecessarily our sales turn over is incresed to the extent of his supply of inputs.

As he is billing on us we have add this in our price and bill to the cutomer.

Is their any other alternative where he can supply the fittings through challans so that I can bill to the exact amount what i charge them.

Please let me know under which rule and which paper he can send the inputs which is a part of the job.

U S Sharma

U S Sharma (Expert)
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29 December 2011 you can use the model as below

keep his goods under seperate inventory and sell as "trading goods", side by side sell your goods on "manufacturing invoice"

but you have to keep both inventories seperately.