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TMI Blogdispatch of excisable GoodsX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir, Can we remove the excisable goods from the factory on the Next day of the invoice date( In that case the date and time of removal on the invoice will be shown as actual date of dispatch).Is there any compulsion in the excise Law to remove the goods on the same day invoice is made. e.g goods are invoiced on 26/09/11 . The stock is redueced accordingly in the computerised system. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Goods are physically dispatched on 27/09/11 with the date and time of removal shown in the invoice as 27/09/11 and date of preparation is shown as 26/09/11 - Reply By Pradeep Khatri - The Reply = You would have to intimate to the Concerned Central Excise Department and VAT Department in this regard. - Reply By NEERAJ KUMAR, RANCHI - The Reply = If the date and time of removal is shown as ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 27.09.2011 and goods actually removed is also on 27.09.2011, in my view there should not be any problem, however as per my knowledge, such issue has not been made subject of law or any circular. - Reply By Ramesh Das - The Reply = You have 24 hours after printing the Invoice to despatch the goods failing which you would have to inform the Excise Department. - Reply By sanjay misra - The Reply = ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir. We will print the invoice on the day of removal of goods not on the date of preparation of Invoice. - Reply By Ramesh Das - The Reply = Dear Sir, Since the date of preparation of the Invoice "as printed on the Invoice" would be 26th September 2011 you would have 24 hours from that date and time to despatch the goods, irrespective of when you wish to print the inv ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... oice. - Reply By Ramesh Das - The Reply = Dear Sir, Since the date of preparation of the Invoice "as printed on the Invoice" would be 26th September 2011 you would have 24 hours from that date and time to despatch the goods, irrespective of when you wish to print the invoice. - Reply By NEERAJ KUMAR, RANCHI - The Reply = Dear Mr Das Could you please let me know the pr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ovision of 24 Hrs time for actual dispatch from the date of issue of invoice. - Reply By Sandeep Aggarwal - The Reply = Dear All, We all know this to cancel the invoice if material not dispatched within 24 hours of Invoicing. Please answer under which section/ rule/ circular/ notification invoice shall be cancelled if excisable material not dispatched within 24 hours. I have read Chapter 4 P ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... art I of para 12.1 as well. It lays down the procedure to follow after cancellation of Invoice. regards Sandeep Aggarwal - dispatch of excisable Goods - Query Started By: - sanjay misra Dated:- 26-9-2011 Central Excise - Got 8 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - ta ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... xmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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