ISSUE OF CREDIT NOTE

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..... ISSUE OF CREDIT NOTE
Query (Issue) Started By: - ANIL KUMAR Dated:- 22-11-2014 Last Reply Date:- 22-11-2014 Central Excise
Got 2 Replies
Central Excise
We have raised Invoice in February .....

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..... 2014 which was rejected by supplier in the same month.At that time my unit is exempted from excise. Presently My unit entered in excise liability from 01.10.2014. I want to make credit note for invo .....

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..... ice raised in Feb. 14 in current month to adjust the account book. Either we charge excise duty or not in credit note? Regards Anil Kumar Reply By MUKUND THAKKAR: The Reply: Dear Anilkumar, Not r .....

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..... equire charge the excise duty because Initial invoice raised by you was exempted not contain any excise amount.other wise you will pass excess credit note to your customer. Reply By PAWAN KUMAR: The .....

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..... Reply: Dear sir, No need to pass excise duty on credit note as suggested by Mukund Ji.
Discussion Forum - Knowledge Sharing .....

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