Federal Excise Act, 2005

Chapter-II

LEVY, COLLECTION AND PAYMENT OF DUTY

Federal Excise Act, 2005 Chapter-II LEVY, COLLECTION AND PAYMENT OF DUTY From: 2024-09-01 - To: 0000-00-00 18. Invoices.- (1) A person registered under this Act shall issue for each transaction a serially numbered invoice at the time of clearance or sale of goods, including goods chargeable to duty at the rate of zero per cent, or providing or rendering services containing the following particulars, namely:- i. name, address and registration number of the seller; ii. name, address and registration number of the buyer; iii. date of issue of the invoice; iv. description and quantity of goods or as the case may be, description of services; v. value exclusive of excise duty; vi. amount of excise duty; and vii. value inclusive of excise duty. (2) Notwithstanding sub-section (1), where a registered person is also engaged in making supplies taxable under the Sales Tax Act, 1990, such person shall not be required to issue a separate invoice for excise purposes and the amount of excise duty and other related information may in such cases be mentioned on the invoice issued for…