How to Handle Purchase without Excise and Sales with Excise in Inventory Master
We are machine tools manufacturer and lots of items are bought out directly from various Dealers sometimes with Excise Duty and with out Excise Duty. So our major concern when same item we purchase from different dealers and we got invoices with excise duty and another one got without excise duty. Our Unit is excisalbe and all items are sales with Excise duty, in that case how to tackle these items in inventory master and how to take purchase entries of such items.
Your quick response will be highly appreciated.
Thanks & Warm Regards,
Vijay N. Chavda