We are having a Godown, which is Registered under Excise as a Dealer Godown in a different States. Our query is that we want to make Stock Transfer of Material from Manufacturing Plant to Dealer Godown in different States.
Please explain if we charge Rs. 5 in the stock transfer invoice and pay duty against Rs. 5. Can we sell this material from Dealer Godown at Rs. 10. ???
Kindly explain if at all possible to payment of differential duty.
CAclubindia
