P.R. Bhupal Reddy (Manager Finance & Accounts) (73 Points)
13 June 2011Dear Seniors,
i am working in a Pvt Ltd company and the company registered as a Excise Dealer,Company is transferring the excise amount from Manufacturers to customers.
My doubt is one of the Manufacturer Raised Excise invoice on our company but they have not mentioned our company Excise nos in Excise Invoice. Now, Is My Company eligable to pass on the Excise amount to our customers?.
Please suggest me.
VIRENDER KUMAR
(ACCOUNTS OFFICER)
(24 Points)
Replied 13 June 2011
Dear Reddy,
in the case you written above your company is not eligibale to pass excise amount to customer, as your excise no. is mendatory to quote in invoice
Ajay Raghatate
(Sr Executive (Excise & Accounts))
(736 Points)
Replied 14 June 2011
You have to correct invoice by your supplier, and take cenvat credit and pass it.
P.R. Bhupal Reddy
(Manager Finance & Accounts)
(73 Points)
Replied 14 June 2011
Dear Seniors
Thank you very much for solving my prolem abd i will act as per your advise.
Regards,
Bhupal Reddy
CAclubindia
