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Excise duty

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This query is : Resolved

veeraju mavuri (Querist)
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13 February 2013 We have sold goods to a unit in SEZ out of the 5 sales 2 sales are made with out duty and 3 sales are made with payment of excuse duty. All the 5 Sales have been rejected. the unit raised the invoice by imposing the excise duty on all 5 sales. Against the 3 duty paid sales we have claimed for rebate. My request is whether we have to take in to account the excised duty against the 5 sales or against the duty paid sales.

Please the explaing the excise and accounting procedures.

CS ,CMA Shambhu Kr. jha

CS ,CMA Shambhu Kr. jha (Expert)
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15 February 2013 Dear Friend
Duty reversal is allowed only on those sale which was sold with duty .
You can't avail the credit of the sales return that was sold by you without duty and returned to you with duty .

Thanks & Regard

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