Allowability of multiple Invoicing system for various divisions of clearances
aravindakshan m
We are having multiple invoicing system for various divisions of our clearances. Is it allowed. Last Year only two type of invoices were used but 2010-11 each division wise invoices linked with our depots for accounting purpose hence we have to inform the department before March,31st.Please let us have your opinion in this regard.
Company Seeks Clarity on Using Multiple Invoicing Systems for Divisions Under Central Excise Regulations, Fiscal Year 2010-11 A company inquired about the legality of using multiple invoicing systems for different divisions of their clearances under Central Excise regulations. Previously, only two types of invoices were used, but for the fiscal year 2010-11, they plan to use division-specific invoices linked to their depots for accounting purposes. One respondent advised that multiple invoices can be used if the excise authority is informed in advance. Another respondent clarified that only one set of invoices is allowed per premises unless permission is obtained from the assistant or deputy commissioner. (AI Summary)
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