TMI Blogtax invoiceX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear khatri sir, we are making one tax invoice Particular unit rate value Machinery 01 400000 400000 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Assessable value - 400000 Packing forward. 7000 excise duty 12% Rs. 48000 ( on Ass. value) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Ed.cess 2% Rs. 960 sh.cess 1% 480 M.Vat 5% 22472 ( on Ass.value + e ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... xcise) Grand total - 478912 as per excise law it is correct. as per salex tax law it is correct. Please guide the same. Regards Manoj Raut ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - Reply By Pradeep Khatri - The Reply = Dear Manoj, Packing and Forwarding will become integral part of assessable value and MVAT will also be paid on Ed. Cess and SHE Cess. Regards, Prad ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eep Khatri - Reply By deepak kalambate - The Reply = Excise Duty is to be charged on ASV+PACKING CHARGES VAT is to be charged on ASV+PACKING CHARGES+EXCISE DUTY - tax invoice - Query Started By: ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - manoj raut Dated:- 1-7-2012 Central Excise - Got 2 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ndia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|