ROHIT (EXCISE ASSIT) (34 Points)
30 January 2011hi all,
if we done excise invoice on today date on 30/1/11.(but finished goods not complete form some problem) so after how many days we are send finished on this invoice? if yes, any other documents send with this invoice? there are any rules? Plz share this information with me.
Thank in advance.................................
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 30 January 2011
| Originally posted by : ROHIT | ||
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hi all, if we done excise invoice on today date on 30/1/11.(but finished goods not complete form some problem) so after how many days we are send finished on this invoice? if yes, any other documents send with this invoice? there are any rules? Plz share this information with me. Thank in advance................................. |
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excise invoice has two places for entry of date and time, 1) time of preperation of invoice, 2) time of clearence
change of date may lead complications, as the assesee has to make entries in DSA ( RG1) according to invoice, so when the goods are not ready then why assesee made invoice? and how he made entries in RG1?
if its delay is for 24 hrs then do it with remarks, " due to transporters mechanical fault the materials delayed" in DSA
but if the delay is more than 24 hrs i.e 2+ days then cancel the invoice, submit all copies to Range officer , take receipt, then issue invoice again when u intend to clear the goods. here the reason would be " materials found not in order at delivery stage, hence delivery postponed,"
Rajeev Verma
(Advocate & Consultant)
(30 Points)
Replied 30 January 2011
Actually there is no problem at all under excise law if the date of removal is different from the date of preparation of invoice.
Both date can be different.
For Exemple , Date of preparation of invoice is 30.01.2011 and still the goods are not yet ready to be removed.
and the goods are finally ready by 01.02.2011 . In that case too , the assessee can use same invoice and will mention the date of removal as 01.02.2011 with the actual time of removal.
There is no need to add any other document with Invoice for movement of goods for home consumption except transport document e.g, L/R, etc. if any.
if the goods are for Export then ARE-1 is also required to be made in addition to Excise Invoice under rule 11 of Central Excise rules 2002.
Rajeev Verma
avinash
(CA, CS)
(54 Points)
Replied 01 February 2011
In excise invoice, there may be diffference in time of preparation of invoice & time of removal of goods. In format of excise invoice both details should be given, so actual time of preparation of excise invoice & actual time of removal of goods should be mention, which can be differ.
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