Excise duty and royalty
Gopal Soni
(Querist) 29 June 2017
This query is : Resolved
hello sir
A govt company selling coal to another company and raising bills and getting payment accordingly from the period between 2011-13 without imposing excise duty , and from 2011 Finance act made amendment and imposing Excise duty on coal , but the concerned company has not added excise duty on sale between 2011-2013 and now company has given notice to the purchasing company to pay differential amount on account of Excise duty ,,, Wht to do plz suggest
Rajendra K Goyal
(Expert) 30 June 2017
How are you concerned.
Company can refer the matter to its legal consultant.