Tax Invoice

[Akhilesh Chhaparwal]

Dear sir,

I export material to SEZ unit under LUT but in tax invoice i added the Excise duty so what to do?

AI Summary

Excise Duty on SEZ Exports: Correcting Tax Invoices Under LUT for Accurate VAT Adjustment An individual inquired about including excise duty on a tax invoice for exports to an SEZ unit under a Letter of Undertaking (LUT). The response advised that if an excise invoice was prepared showing nil duty under the LUT, the tax invoice could be corrected and the VAT adjusted based on the original value of the goods. The discussion emphasized ensuring accurate documentation to align with tax regulations.