15 October 2013
Dear Expert i am working in a manufacturing company from last 2 years ,its makes moulds for plastics parts,but due to work load we given a order to a other party for making mould ,company has done his work accordingly ,company make a excisable invoice on behalf of sale Detail under below:- Qty 2 nos basic Amt :- 1500000/- Excise Duty 12% 180000/- Edu/H Cess @3% 5400/- CST @ 2% 33708/- Total price 1719108/- But after Receiving the moulds & Bill also we can do work on this ,So question is that how could make invoice ,can i make excisable invoice or as such remove invoice Please Suggest me ,when i make invoice basic amt 1700000/ please tell all duties while making invoice
16 October 2013
After receiving the excisable goods if you are not doing any activity and no value addition in the assessable value then no need to make another tax invoice. If any value addition or activity amounts to manufacture then you will raise the tax invoice and pay the excise duty.
CAclubindia
