Cenvat Credit in case of Short recd of material
This query is : Resolved
22 April 2009
Dear All,
If a manfacturing company received exciable material short i.e 8000 kg against bill of 10000kg. In this case , whether he has passed debit note of 2000 kg to party & availed excise duty only for 8000 kg.
Now the supplier how can take benefit of excise on 2000kg material which is short received by buyer.
Please tell.
If a manfacturing company received exciable material short i.e 8000 kg against bill of 10000kg. In this case , whether he has passed debit note of 2000 kg to party & availed excise duty only for 8000 kg.
Now the supplier how can take benefit of excise on 2000kg material which is short received by buyer.
Please tell.
Rajesh Kumar
(Expert)
24 April 2009
On short receipt of material, no credit should be taken.
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