Excie invoice on sales return
This query is : Resolved
22 July 2013
good afternoon
We have sold material to x customer who is not registered with Excise , The invoice is bill to, to X who is no excisable customer but ship to Y customer who is registered with Excise.
Now the Y customer has rejected the material and want to bill that back to us.
My query who will raise the bill , as we have to give the refund of Cenvat to Y
How the bill has to be made bill to X and ship to my name please clarify
We have sold material to x customer who is not registered with Excise , The invoice is bill to, to X who is no excisable customer but ship to Y customer who is registered with Excise.
Now the Y customer has rejected the material and want to bill that back to us.
My query who will raise the bill , as we have to give the refund of Cenvat to Y
How the bill has to be made bill to X and ship to my name please clarify
PAWAN KUMAR
(Expert)
22 July 2013
Y will return the rejected material under cover of the excise invoice in which X as buyer and you as consignee. On the basis of such bill, you will eligible for cenvat credit which in turn is to be passed to Y by way of issuing credit note.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Query on effect of registration of property
- GST on reimbursement of expenses
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Visiting card purchase
- Equity Share Sale and Purchase
- Number of years as per AS amortisation of Goodwill
- Additional trade name
- Whether output tax is taken credit by purchaser
- Wrong CMPo8 file
- Goodwill transfer of deceased father’s firm – ICAI applying a 27.04.2026 cut-off to the 3 year limit
- Foriegn assets disclosure
- Classification of income of P Ltd company as business or profession
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
