TMI Blogsupplementary invoiceX X X X Extracts X X X X X X X X Extracts X X X X ..... supplementary invoice X X X X Extracts X X X X X X X X Extracts X X X X ..... issued ... Reply By Pradeep Khatri: The Reply: Dear Dipneet, Whenever there is any change in price, rate or value of the Capital goods, raw material, components, inputs or input services retrospecti ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... vely, then, supplementary invoices can be issued. Further, ss per the settled legal position, differential duty should be paid along with the interest at applicable rate. Regards Team YAGAY and SUN ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (Management and Indirect Tax Consultants) Reply By Naveed S: The Reply: Yes, and also for price variation of the finished goods already cleared. Reply By Dipneet Kaur: The Reply: In such cases, i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s it mandatory to do such change in rate under a supplementary invoice.or if we can do such change in rate with a debit note containing the differential rate (with or without excise duty) . Reply By D ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ipneet Kaur: The Reply: One thing is clear, that differential duty plus interest has to be paid along with it. Reply By Naveed S: The Reply: It is always advisable that supplementary Invoices are iss ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ued, the reason being that the consignee can avail cenvat credit on the duty paid thereon. X X X X Extracts X X X X X X X X Extracts X X X X
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