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Cenvat credit

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Querist : Anonymous

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Querist : Anonymous (Querist)
31 October 2015 My query is releted to rejection of material. ‘A’ is an importer and selling material in domestic market. ‘A’ supplied goods to ‘B’ who is a manufacturer, but ‘B’ rejects some material and sends it back after 60 days along with his excise invoice. So in that case whether credit of excise duty can be availed by ‘A’ or not. Please clarify on the above matter and tell me the procedure to do on actual receipt of rejected material from customer’s end. Also advise us whether to consider it as our local purchase or import purchase.
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Arun Kumar Singh

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Arun Kumar Singh (Expert)
31 October 2015 A can pass the cenvat credit of that material to another buyer.

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