16 December 2012
We r a manufacturer of steel furniture. we are selling steel furniture to our customer with charging excise and VAT. we are also selling Tools as per the customer's requirement. but we are not manufacturing it in our premises. we r purchasing such tools from non-excisable suppliers / manufacturer and selling it to the customer without charging excise duty. we r raising trade invoices for such transactions. is it right? pls guide to make trading transaction for excisable units. what documentation should we keep as per the excise rules? Pls. suggest. Thanks
CAclubindia
