https://www.taxtmi.com/forum/issue?id=108691 A manufacturer paid excise duty when invoicing for tooling supplied to a buyer; later the buyer returned the tool and ordered components priced without tooling cost. The department argues tooling amortisation must be added to component value and excise charged per piece, but the advisory reply indicates excise was already paid on the tool and the amortisation issue pertains to the buyer's accounting rather than creating a fresh excise liability for the manufacturer. en-us Wed, 03 Jun 2015 14:26:07 +0530 Thu, 23 Jan 2025 15:56:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=108691 A manufacturer paid excise duty when invoicing for tooling supplied to a buyer; later the buyer returned the tool and ordered components priced without tooling cost. The department argues tooling amortisation must be added to component value and excise charged per piece, but the advisory reply indicates excise was already paid on the tool and the amortisation issue pertains to the buyer's accounting rather than creating a fresh excise liability for the manufacturer. Discussion-Forum Central Excise Wed, 03 Jun 2015 14:26:07 +0530 https://www.taxtmi.com/forum/issue?id=108691