10 May 2011
Is it mandatory to raise a excise invoice when retruning back the rejected material to supplier? Will the answer be different in case material was initially accepted, accounted, payment also made but subsequently found not suitable & hence being rejected?
10 May 2011
In case the same is to be rectified and returned the same can be sent under rule 4 (5) (a). Recording of the sending and receipt should be accurate.
10 May 2011
if material will be accepted after rectifying or reprocessing than rule 4(5)a is applicable
if you are not going to accept it back after rectifying or reprocessing than excise invoice can be raised or credit note with the extract of duty can be raised so that supplier can get credit of cenvat
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