Rate Difference

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....ate Difference<br> Query (Issue) Started By: - Naresh Antil Dated:- 16-5-2015 Last Reply Date:- 17-5-2015 Central Excise<br>Got 1 Reply<br>Central Excise<br>Dear Sir I want to know that if we are mak....

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....ing debit note for rate difference so we should calculate the excise for it or not please suggest me . For example :- Material received &#64;138 while actual rate was 137.75 for 100 kgs Than differe....

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....nce is .25 so basic amount will be .25*100=25 Add Vat &#64;4.2&#37; 1.05 Total amount is 26.05 or Excise duty will be calculated Reply By ganeshan kalyani: The Reply: In case of Short receipt....

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.... of material you should raise Debit note with Excise duty and Sales Tax as you are not entitled to take Cenvat credit of material short received/Not received.<br> Discussion Forum - Knowledge Sharing ....

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