Excise duty applicability

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
03 May 2012 If a company issue debit note to the party for the rate difference, in that case whether excise duty is levy on the amount of debit note by the company,
pls mention the rule or section if possible.


05 May 2012 If raising of debit note towards rate difference is permissible as per PO, excise duty is leviable. However, it is preferable to raise supplementary invoice with debit note showing clearly Ass: value, excise details etc.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries