FORMAT OF INVOICE UNDER C.EXCISE RYLE 3(5), Central Excise

[CHANDRAMOHAN S]

SIR

PLEASE SEND THE FORMAT OF OF INVOICE UNDER Central Excise (RULE 3(5))

 

Posts / Replies

[Mangesh Lokre]

 

 

there is no any such specific format. You may use the regular Excise Invoice and put ther remark " Removed as such u/r 3(5) of CCR2004"

[pradeep khatri]

Steps involved in Removal of Inputs as such: -

I. Inputs will be removed on an invoice.

II. Equivalent CENVAT credit will be reversed.

III. On the face of the invoice amount of duty payable should be mentioned.

IV. Phrase ‘Removal of inputs as such under Rule 3(5) of the CENVAT credit Rules, 2004’,

should be mentioned on the face of the invoice.

V. Description (i.e. name, identification marks, serial nos./code, packaging etc.) of inputs

which are being removed as such must be tallied with the description as mentioned in

the purchase invoice/Bill of Entry.

VI. R.G.23A Part I and R.G.23A Part II should be accounted for such removal, accordingly.

VII. On the Excise Returns, such events (removal of inputs as such) must be mentioned.

VIII. Cross reference of the purchase invoice/Bill of Entry [as the case may be], if required,

may be mentioned on the Sale invoice (or at least on assessee’s copy) for future

references.