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Former Member
Sep 10, 2008 at 06:42 AM

Selling of Scrap received with credit of 4% addl. Duty


Hi friends,

Provision of Sales Bills [ Excise Invoicing] with Addl. Duty 4% ie instead of our existing tax pattern 1421 on excise part with 4% on Sales Tax part, a new pattern 1421+4 on excise part with 4% on sales tax part.

For information the amount of addl. Duty 4% is no way can be calculated directly from the basic price of the invoice, since it is from B/E [ Input Document], So in such cases the addl. Duty 4% per mt is to be feedable at the time of preparation of Sales Orders wrt to base input document, to arrive exactly in the output.

Also note that the sales tax 4% has to be calculated on the total arrived after inclusion of 4% addl. Duty.

Please help me