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    <title>Excise on ice cream!</title>
    <link>https://www.taxtmi.com/forum/issue?id=108798</link>
    <description>Excise distinguishes vending-machine dispensed ice cream (not excisable) from packed ice cream (excisable). The company proposes paying excise on stock transfers from factory to outlets to consolidate liability and avoid excise invoicing at retail. A reply states excise-paid stock transfers to company outlets would not be treated as sales for turnover purposes, mitigating fears of doubled turnover. Practical questions remain about how retail invoicing should be handled to prevent duplicate accounting while maintaining compliant records.</description>
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    <pubDate>Tue, 23 Jun 2015 20:42:38 +0530</pubDate>
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      <title>Excise on ice cream!</title>
      <link>https://www.taxtmi.com/forum/issue?id=108798</link>
      <description>Excise distinguishes vending-machine dispensed ice cream (not excisable) from packed ice cream (excisable). The company proposes paying excise on stock transfers from factory to outlets to consolidate liability and avoid excise invoicing at retail. A reply states excise-paid stock transfers to company outlets would not be treated as sales for turnover purposes, mitigating fears of doubled turnover. Practical questions remain about how retail invoicing should be handled to prevent duplicate accounting while maintaining compliant records.</description>
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      <law>Central Excise</law>
      <pubDate>Tue, 23 Jun 2015 20:42:38 +0530</pubDate>
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