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interest payment-reg

Central Excise - Started By: - Ramakrishnan Seshadri - Dated:- 4-5-2016 Last Replied Date:- 6-5-2016 - Dear Sir,We need a clarification. We have supplied mould to our vendor. At the time of mould supply the tool cost (amortisation cost) has not been .....

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for the tool amortization cost towards the quantity supplied by issuing supplimentary invoice. Our question is for this supplimentary invoice for the tool cost the interest has to be paid. who has to pay whether the vendor our ourself. Kindly clarif .....

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pay interest. - Reply By Rajagopalan Ranganathan - The Reply = Sir,Amortization of mould cost is to be undertaken by your vendor. Initially he has not included the amortized cost of mould in the value of exciseable goods since tool cost was not final .....

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