Mis. expenses charge in excise invoice
Querist : Anonymous
my point is can i collect the fright (Local Tempo Charges) on b/h of our sales party and we charges in our invoice after basic value+excise+vat (NT. :- we are not paid excise on fright Charges which is mention in invoice wording "Mis. Expenses Charges - Sales" actually it is Fright outward Charges) and if we mention in invoice "Fright Outward Charges - Sale" we are not collect excise on "Fright Outward Charges - Sale" department said you have pay excise on Fright Outward Charges.
We have not Charges excise of Ledgers which is we have mention in Invoice
(we have alternate show in both ledger we can not show both ledger in single invoice)
Fright outward Charges - Sales
Mis. Expenses Charges - Sales
Devang Shah
9904779686
Querist : Anonymous
Sir Thx for reply Mr. Anil Jangid
we here some clarification regarding issue. we are shown in excise invoices two ledger "Freight outward expense - sale" and "Mis. Expense - sales" under SALES head in P&L A/c and we collect the said ledger amount which is charge after excise duty and Local Sales tax amount. (Note :- Both ledger are not show in any singal invoice we are aulternate show in invoice). secondly, we are charges in invoice said ledger and payment cash to our local tempo charges which we have mention in invoice. The CERA audit ask the question why y are not paying duty on said Both a/c which we have charges in invoice without excise duty.
Pl. any circular/notification or judgment any rules we are not charges the duty which is you have mention earlier reply.
which basis we have convince to the CEAR Audit office.
Thx.
Devang Shah
Querist : Anonymous
sir my point is not service tax issue we are mfg. unit we take cenvate credit and issue sales invoice and pay excise duty at this stage we have charges said both ledger after Ass. Value + Excise duty 12.5% + Vat 4% than after we have charges amount in excise invoice.
exmp. 1. Ass. Value 1000.00
Excise 12.5% 12.50
Total 1012.50
Local Vat 5% 50.63
Total 1063.13
Mis. Expense charges- sales 300.00
Total Value 1363.13
2.
exmp. Ass. Value 1000.00
Excise 12.5% 12.50
Total 1012.50
Local Vat 5% 50.63
Total 1063.13
Freight Outward Charges - Sales 300.00
Total Value 1363.13
We are not pay excise duty on Both Ledger which charges 300 Rs. we are pay to our local tempo man from our factory gate to transport godown which is we collect the party in invoice.
my query can i pay excise duty said amount i.e. 300
Deang
Querist : Anonymous
Mr. Anil jangid
sir which section or any notification / circular / rules / judgment pl. reply to us
devang shah
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