sto

[Former Member]

Hi,

In Intercompany company stocktransfer sales how excise duty shoud be calculated for the end customer.

Thanks,

Rash.

[Former Member · Accepted solution]

Hi

In Intercompany STO the Excise Duty is calculated on Base price in the Customer Sales Order.

Thanks & Regards,

Hemant Patil

[Former Member]

Hello,

Excise is paid while the material leaves the factory. In case of STO also the Excise is paid at the time when the material leaves the factory. At the Depot the entry of the same is made in RG23D register.

While billing to Customer, the invoice shows the excise value which u have declared at the time of leaving the factory (Picked up from RG23D register).

CIN guru's pls correct me if i am wrong or need any more inputs.