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Former Member
Jul 09, 2010 at 04:00 AM

Excise on Higher amt & VAT on Lesser amt


D/ Friends,

Scenario is: We purchased a material from a dealer for Rs. 2,00,000. But the dealer had in turn purchased from the manufacturer for Rs. 3,00,000 & therefore passed on the Excise levied on Rs.3,00,000. But dealer charged the VAT on Rs.2,00,000+ Excise on Rs.3,00,000. So how to do this customization in PO? Weu2019re using TAXINJ. Pls advice.

Thank you.