Differecne duty on Depot sales

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....ifferecne duty on Depot sales<br> Query (Issue) Started By: - Swapneswar muduli Dated:- 3-11-2015 Last Reply Date:- 3-11-2015 Central Excise<br>Got 1 Reply<br>Central Excise<br>Dear Sir, We sales our....

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.... Non MRP items to our Depots and from depots further sale to our various branches. Suppose one item whose assessable value is 100 for clearance from the factory on a particular date. but the same dat....

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....es our highest Aggregate quantity sale of allover our branches is say 110. So in the above case &#8377; 110 is our total consideration from dealer we don&#39;t charge excise duty extra in commercial ....

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....invoice so we assume that &#8377; 110 is including Excise duty so we calculate the differential duty on 110-100=10 we consider &#8377; 10 is including Excise duty 12.50% so we make back calculation 10....

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.... is 112.5% so 100% is 8.88 so we paid excise duty on 8.88 12.50%. So my question is it is right way for calculation of difference duty on depot sales or not. Regards Swapneswar Muduli Reply By YAG....

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....AY AND SUN: The Reply: You have to pay Central Excise Duty on &#8377; 10 only as it cannot be treated as cum duty price. Correct method is to pay duty on &#8377; 110 -100 =10<br> Discussion Forum - K....

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