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Hello Sir, If A is purchased Excise Duty paid goods i.e. H.R.Sheet. He want to sell the same as vat bill without excise. It can be possible.

Question Posted / jeevan40

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Hello Sir, If A is purchased Excise Duty paid goods i.e. H.R.Sheet. He want to sell the same as vat ..

Answer / chari aca

Yes it's Possible.As per excise rules 2002 the same goods
sold to vat bill in his own firm.

Is This Answer Correct ?    1 Yes 0 No

Hello Sir, If A is purchased Excise Duty paid goods i.e. H.R.Sheet. He want to sell the same as vat ..

Answer / g.venkateswararao

suppose you buy a HR sheet amt 50000/- on basic price

you have to collect vat basic + excise + profit after u have to
collect vat excise u must transferable but vat not transferable
to consignee

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