Excise treatment on rejected goods
This query is : Resolved
02 August 2013
DEAR SIR
WE ARE PVT LTD CO. REGISTERD IN EXCISE. 200 PCS REJECTED ON MACHINES BY OPERATORS. WHAT WILL BE TREATMENT IN STOCK, & HOW WE WILL CLEAR THESE PCS.
THANKS & REGARDS
WE ARE PVT LTD CO. REGISTERD IN EXCISE. 200 PCS REJECTED ON MACHINES BY OPERATORS. WHAT WILL BE TREATMENT IN STOCK, & HOW WE WILL CLEAR THESE PCS.
THANKS & REGARDS
05 August 2013
Material supplied by supplier is rejected. This to be sent back to the supplier for rework and return. The material can be returned under procedure prescribed under rule 4(5)(a) of cenvat credit rules. If the material is totally rejected and cannot be worked, it will have to be removed from factory on payment of amount equal to excise duty paid on those input/capital goods.
Message likes :
1 times
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
- Off Market debit and credit transaction
- Reporting Income under Section 44ADA
- ITR 2 Short Term gain & Long term gain
- Itr 1 processing
- Showing Gift from relative in ITR for this year
- ITR 1: Details for showing Exempt Income
- ITR returnFY25-26
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- ITR validation error - Balance sheet is not filled
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
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
