banner_ad

Cenvat credit on return & rejected materials

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
15 July 2014 Dear All,
We have send 10 drums of materials to my customer at Ranchi. out of 10 drums 1 drum was licked out on the road. Our customer received only 9 drums Endorsement of consignment note by the driver have been done. We suggested to the customer to please receive the entire 10 drums of the materials and issue an invoice for 1 drum so we can receive the same as RM at our end. But the said customer saying that we are not in a position to receive 10 drums not able to issue any invoice in our favour. They may be written on our invoice (xerox copy) that 1 drum rejected and return. Please let me know how we utilize the CENVAT on their condition.
Profile Image

Arun Kumar Singh

Profile Image

Arun Kumar Singh (Expert)
15 July 2014 The goods has been destroyed out side the factory. you can not take the cenvat credit.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details