cancel
Showing results for 
Search instead for 
Did you mean: 

reg. excise invoice in sto

Former Member
0 Kudos
55

hi all,

i need a clarification on while stock is transfering from depot to another depot, do we need to generate excise invoice while stock is transferred from one depot to another depot.

regards,

ram

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
0 Kudos

Dear ram,

If it is a duty paid material , then commercial invoice can be generated otherwise excise invoice is the must .

saravanan

Answers (3)

Answers (3)

Former Member
0 Kudos

Dear saravanan and lakshmipathi,

thanks alot for ur valuable inputs.

regards,

ram

Former Member
0 Kudos

hi,

thanks for ur valuable support, and my question is that we have paid excise duty while stock is transfering from plant to depot, so do we need to pay excise again while we transfer from depot to depot

regards,

ram

Former Member
0 Kudos

HI ram,

not required.

saravanan

Lakshmipathi
Active Contributor
0 Kudos

Dear Ram

If the sending Depot is registered under Central Excise, then yes you need to levy duty while transferring the goods to another depot. If it is not registered under Central Excise, then in that case, you need not levy duty. This is the Central Excise rule

thanks

G. Lakshmipathi

reazuddin_md
Active Contributor
0 Kudos

It depends on Material- Whether the this material is excisable or non-excisable?

if its non-excisable , no need to generate excise invoice.

if it excisable, need to generate excise invoice, because excise authority every goods movement outside the plant should move along with the invoice including duty.

as we know- stock transfer will not have sales tax , only duty is applicable