Cenvat implication on Sales rejection

Venkatanarayana GM , Last updated: 17 October 2014  
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It is normal that, excise duty paid goods are received back into the factory on account of , not needed presently, rejected, etc.. As per Rule 16 of Central Excise Rules 2002, the Cenvat credit of excise duty paid on such goods returned can be availed by the manufacturer subject to few conditions sp

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Published by

Venkatanarayana GM
(Partner associate at Hiregange & Associates)
Category Excise   Report

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