In case of Manufacturing concerns if there is any cancelled invoices should it be informed to Excise Authorities ?
If yes pl. also show the Rule to it.
Thanks in advance :)
CMA Ramesh Krishnan
(Cost & Management Accountant)
(71489 Points)
Replied 20 January 2010
Hi Deepika
Cancelation of Excise invoice shoud be intimated to Range Suprintendent on the same day if possible.In exceptional circumstances, intimation can be sent next day. This only as per administrative instructions and there is no such provision in rules
Thank you
CA.G.Muguntha Narayanan
(Internal Auditor at TVS Motors)
(2195 Points)
Replied 21 January 2010
hi deepika,
Please refer RULE 11 of the CENTRAL EXCISE RULES,2002, as per which
the original invoice has to be sent to the department. Cancelation of Excise invoice shoud be intimated to Suprintendent on the same day or if not possible on the next day
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