Dear all,
when i preparing a trade bill I have a small doubt, i..e we received material with excise bill but we sale the materials by VAT bill only,it is correct r not? plz tel me.
thanking you
anu
1 Replies
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 07 August 2012
unless these two conditions are fulfilled you have nothing to do with excise.
1) you are registered dealer under excise
2) your buyer is registered under excise and needs cenvatable invoice,
you have to fix your own price including all for sale purpose and charge VAT/CST on that price. thats all
Recent Topics
- Huf property transfer
- Rent Paid By company but GSTR 3 B Return Reverse C
- F&O Loss carry forward and set off under the n
- SOLAR PLANT POWER
- Regarding chit broker commission gst
- Gst on security service provided by a pvt ltd co.
- First Year Audit of Pvt Ltd Company
- FD of My Deceased Grandfather have my name in nomi
- Investment in the name of minor
- Educational institute - Collection as " Other
Related Threads
CAclubindia
