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Want to Invoice Raw Materiel on Our Own organization and send to supplier for samples

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..... Dear All, As mentioned in subject,i want to invoice material on our own company ( As customer) and send this material to our suppliers as samples Free of Charge. is it possible can any one provide the excise law for that. Thanks Regards Atul Dubey - Reply By Ganeshan Kalyani - The Reply = How can you send goods to yourself. By invoicing on your company name it will mean the same. - Reply By .....

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..... YAGAY AND SUN - The Reply = Dear Atul, You may directly issue an invoice to the Supplier on payment of Duty without any consideration as samples free of cost. You may also charge duty on Cost + 10% under CAS-4. There is no restrictions in Excise Laws in this regard. However, you need to reverse ITC under VAT Laws. Regards, YAGAY and SUN - Reply By Anirudh BK - The Reply = Dear Atul, In .....

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..... voice cannot be raised in your company name. If your are removing excisable goods from your factory premises as sample to your customer, then duty chargeable would depend on the value of the similar goods removed from your factory and at the time nearest to the time of removal of sample goods. Thanks and Regards, Chanakya Accounting and Corporate solutions - Want to Invoice Raw Materiel on Our .....

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..... Own organization and send to supplier for samples - Query Started By: - Atul Dubey Dated:- 16-12-2015 Central Excise - Got 3 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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