Excise duty reversal

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

03 November 2015 when we making sale of excisable machinery we paid duty on that item when it was returned by customer is it possible for reversal of this paid duty

how ever if we did not take reversal excise duty on that returned item and we made sale to another customer is it mandatory to collect excise duty against

pls help me to understand

Arun Kumar Singh

Arun Kumar Singh (Expert)
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04 November 2015 If you have taken the cenvat credit then you need to reversal of credit otherwise no need to reversal of credit. You can sale the goods to any person.