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TOOL AMMORTISATION MATTER

Central Excise - Started By: - NIMISH SHAH - Dated:- 3-6-2015 Last Replied Date:- 4-6-2015 - DEA SIR,WE NEED PROPER CLARITY ON FOLLOWING.We are still puzzled & confused about TOOLINGS AMMORTISATION VALUE TO BE CHARGE IN INVOICE.PROCEDURE IS AS FOLLWS. WE GET ENQUIRY FROM BUYER, QUOTE SEND EX. 250000.00 & FINALISED FOR MAKING TOOLING FOR SUPPLY OF CASTINGS. BUYER ISSUES P.ORDER FOR DEVELOPMENT OF TOOLING RS. 2,50,000.00 PLUS EXCISE DUTY 12.5 5 PLUS 2 % CST TOTAL RS. 2,86,875.00. BUYER PAY .....

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