Sale of Exempted Goods by stating “Cum-Duty-Price” – Does it mean the assessee has collected duty from the buyer?

Sale of Exempted Goods by stating “Cum-Duty-Price” – Does it mean the assessee has collected duty from the buyer? https://www.taxtmi.com/news?id=101 Notation of "cum-duty-price" on invoices or price-lists for exempted goods does not, by itself, trigger a deposit obligation for excise; the decisive factor is whether an identifiable amount was actually collected from the purchaser as excise. Documents that only state a gross price, discounts, and sales tax on discounted value, without any separate excise component collected, do not establish collection of duty and therefore do not meet the factual threshold for treating receipts as collected excise. en-us Thu, 06 Sep 2007 12:45:00 +0530 Wed, 25 Jun 2008 17:22:00 +0530 TaxTMI RSS Generator Sale of Exempted Goods by stating “Cum-Duty-Price” – Does it mean the assessee has collected duty from the buyer? https://www.taxtmi.com/news?id=101 Notation of "cum-duty-price" on invoices or price-lists for exempted goods does not, by itself, trigger a deposit obligation for excise; the decisive factor is whether an identifiable amount was actually collected from the purchaser as excise. Documents that only state a gross price, discounts, and sales tax on discounted value, without any separate excise component collected, do not establish collection of duty and therefore do not meet the factual threshold for treating receipts as collected excise. News - Thu, 06 Sep 2007 12:45:00 +0530 https://www.taxtmi.com/news?id=101