EXCISABLE INVOICE ISSUED WITH OVER AMOUNT AND GOODS DELIEVERED WITH LESS QUANTITY

[Asked by Guest]

Dear Experts,

we are manufacturer and our final product is excisable and my query is that

1) we have sold excisable goods to our party with qty. 100 nos. and charges excise duty and cst .(ass. 100000 + excise . 12500 + cst. 2250 = gross 114750/- ) with this invoice but physically qty. deleivered to party only 90 nos. so in that case how to solve this issue ... how to send balance 10 qty. and which effect will be given in RG-1 .

2) We have sold excisable goods to our party with qty. 300 nos. with invoice and charges made as per quantity but physically qty. deleivered to party 400 nos. so in that case how to give effect of 100 excess nos. qty. in our RG-1 because our RG-1 Shows excess qty. but physically are not available and how to give excisable effect ..

pls. suggest ..

regards,

Manan Pandya

AI Summary

Excise duty accounting: shortfall cleared on delivery challan; excess requires invoice, duty payment and RG-1 update.
Where invoiced quantity exceeds goods delivered, dispatch the shortfall on a delivery challan referencing the original invoice and noting duty and sales tax already paid to avoid a fresh RG 1 entry and duplicate duty; alternatively, one may record a stock/production entry in RG 1 and raise an invoice with duty payment (which creates an additional RG 1 debit). Where delivery exceeds invoice quantity, raise an excise invoice for the excess, pay duty and debit the excess in RG 1.