Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Differentials excise duty

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Dear Sir, One of our supplier duty charged 12.5% instead of 15% and now they need to pay the differentials duty from Aprl'16 to till date. Now the supplier which document is to be raised and how .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... we will take the modvat benifit. Thanks Regards Bhaskar - Reply By MUKUND THAKKAR - The Reply = please advise your supplier to raise supplymentary invoice giving by reference of old invoices. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... take cenvat credit on basis of supplymentary invoice issue by your supplier. - Reply By Mahir S - The Reply = YES, the supplier shall have to raise supplementary invoices as explained above. Howev .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... er, the supplier shall also be liable to pay interest for such differential duty passed by them. - Reply By Ganeshan Kalyani - The Reply = Mukund ji , i endorse your view. Also interest is applicabl .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e as said by Mahir ji. - Differentials excise duty - Query Started By: - vuchcholla Bhaskar Dated:- 25-10-2016 Central Excise - Got 3 Replies - Central Excise - Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... , reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates