excise billing of Buyer & consignee

[nihal maner]

Is any changes made in excise billing of Buyer and consignee in new Budget of 2014-2015. pls reply

[MUKUND THAKKAR]

No.

Buyer and Consignee is applicable nature of your sales transactions.

AI Summary

Excise billing: Buyer and consignee designation remains determined by sales transaction nature, no change introduced in budget. No change has been introduced to the excise billing treatment of Buyer and Consignee. Designation as buyer or consignee for excise invoicing remains governed by the nature of the underlying sales transactions rather than by a new statutory rule, and invoicing and compliance should reflect that transactional character.