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what is thr diff between commercial invoice and ecise
invoice
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Answer / sonal
Excise Invoice gives the entire details of tax as in if i
am purchasing goods from a trader 100 nos., but he had
purchased 1000nos. from manufacturer. My excise invoice
will show even the details regarding the no. of goods
purchased by the trader which is 1000 nos. & excise duty
charged to him by the manufacturer & of which same will be
charged to me for 100 nos. i.e. the trader will recover
excise of the same amt. from me which he had paid to the
manufacturer. These details of Trader is not shown on the
commercial invoice.
| Is This Answer Correct ? | 20 Yes | 7 No |
Answer / narasimhulu
In commercial invoice there is only vat (Local / CST) tax
only mentioned But exise invoice there is Cenvat plus vat
tax also mentioned.
| Is This Answer Correct ? | 27 Yes | 16 No |
Answer / ramesh
In commercial invoice there is only vat (Local / CST) tax
only mentioned But exise invoice there is Cenvat plus vat
tax also mentioned
| Is This Answer Correct ? | 17 Yes | 10 No |
Answer / aman kumar
Actually, I am not satisfied to this answer. I also want to
know the details answer of the same Q.
| Is This Answer Correct ? | 12 Yes | 5 No |
Answer / amit
COMMERCIAL INVOICE INCLUDES ONLY VAT.
EXCISE INVOICE INCLUDES BOTH CENVAT AS WELL AS VAT.
| Is This Answer Correct ? | 5 Yes | 2 No |
Answer / amir
commercial invoice for local state government revenue item. but central excise for central government and also prepared for in the statutory requirements.ie, the basic value plus excise tax then next calculate the amt of vat on this cumulative value.
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / anil yadav
commercial invoice and excise invoice also maintain excise
and vat. But also excise modvat, vat(local) on take excise
invoice and commiercial invoice take vat do not take excise.
| Is This Answer Correct ? | 4 Yes | 4 No |
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