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Former Member
Dec 11, 2008 at 08:27 AM



Dear all

Recently excise duty rate is reduced to 10% from 14% with effect from 7th december'08.

While procuring material from vendor,

vendor at the time of delivering material as per invoice date(before 7th december) excise rate is 14%. But, by the time we do GR at our place,excise rate is 10% as per our updated excise master(after 7th december)

How to tackle these type of specific transactions; Please guide me