25 September 2019
We are casting manufacturing industry . To manufacture castings we need to develop tool as per the customer specification. Once the tool is developed and after submission of samples approved by customer we used to raise Invoice The tool retained by us for further manufacture of components .
In the pre GST regime excise duty applicable on cleared of goods .
Please provide your valuable views in the GST regime whether GST is applicable on 18% and issued separate invoice
CAclubindia
