Meaning of With Payment of Duty and Without Payment of duty
Dear All,
Can anybody please elaborate as to what is the difference between "With" and "Without" payment of duty. Also how the is the above helpful when i am using the tax codes of type CENVAT in any document.
Regards,
Rahul
Hi Rahul
without payment of duty is used for Export of Excisable Goods and sale of those goods which are exempt under certain excise notifications.
In export of excisable goods, we will not pay any duty to excise department but need to calculate to reflect in A.R.E. 1 report.
Regards
Kamlesh Vagal
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