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Excise invoice

B.KUMAR (BM) (26 Points)

02 September 2011

If we sold the steel material and sale to another party through shipment instruction.

in this case which invoice we can raised to party Commercial invoice or Excise Invoice ?

because material is directly go to party from manufacture godwon;;;;;;;;;;;;;;;;;;;

thanking you.

Binod

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5 Replies

U S Sharma (glidor@gmail.com) (21063 Points)
Replied 02 September 2011

A= manufacturer

B= Dealer

C= manufacturer buyer

transaction done : B ordered A to supply goods to C on his behalf

A delivered goods to C on account of B

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A will raise invoice to B ( excise invoice , as well as commercial invoice both), and mention "delivery point" at the place where the Vehicle numbers are mentioned,

as transporter copy has moved with materials, original copy will follow the commercial invoice from A to B, now its part of B to issue invoice to C

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B.KUMAR (BM) (26 Points)
Replied 02 September 2011

Thanks for reply,

Now the question is B to issue the invoice to C whether it is excise invoice or commercial invoice.

with regrads

Binod

B.KUMAR (BM) (26 Points)
Replied 03 September 2011

Originally posted by : B.KUMAR
	Thanks for reply, Now the question is B to issue the invoice to C whether it is excise invoice or commercial invoice. with regrads Binod

Durga prasad Ambati (Taxation, Pursuing CA) (737 Points)
Replied 03 September 2011

Originally posted by : B.KUMAR
	Thanks for reply, Now the question is B to issue the invoice to C whether it is excise invoice or commercial invoice. with regrads Binod

COMMERCIAL INVIOCE.... for recovery of payment..

U S Sharma (glidor@gmail.com) (21063 Points)
Replied 05 September 2011

Originally posted by : B.KUMAR
	Thanks for reply, Now the question is B to issue the invoice to C whether it is excise invoice or commercial invoice. with regrads Binod

commercial invoice for "transfer of ownership rights" and payment recovery

if C intends for input credit on such purchase, then B has to get registered with excise as a dealer and issue cenvatable invoice on the strength of involice issued by A. ( alongwith the commercial invoice)