Depot sales

[Former Member]

Dear all,

IN which Scenario we can call Depot sales..

What i understood.....STO is nuthing but depot sales..

ami rgt ,,If iam wrong plzz give me suggestions..

Regards

Luckyy

[Lakshmipathi · Accepted solution]

Dear Luckky

STO is transferring goods from one manufacturing unit to a depot where you stock the goods. But sales from Depot is sales made to local dealers / customers.

Sales from depots are handled differently from sales from factories because of excise law: Excise duty is payable when you send the goods from the factory to the depot, but it is not levied again when you sell the goods.

Sometimes when you make a final sale of goods from a depot, price escalations could have happened with retrospective effect. In such scenarios you need to pay the extra excise duty at the factory using an A Certificate. You need to register the A certificate details in the RG 23D register and the excise recovered from the customer.

thanks

G. Lakshmipathi

[Former Member · Accepted solution]

Dear Laxmipathi,

Thanks for your response....

Lets say...my Manufacturing Plant is -A

Depot is-B.

I got a PO from B...I done Goods Issue from A(Update RG1)..and ED.

B Need to do GR....(Which Register will update)..

My Doubt is When can i update Rg23D ?

wot i understood form you theard...If i do any Sale form B Then only i can Update the RG23D.

Am i rgt...

Points will be rewarded

Regards

Luckky

[Lakshmipathi · Accepted solution]

Dear Luckky

Yes you are right. Only when sales is made from Depot, RG23D will get updated.

thanks

G. Lakshmipathi

[Former Member · Accepted solution]

Dear Laxmipathi,,

Points rewarded