Imported goods reject at the time inspection

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Sachin Shedage (Querist)
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14 June 2014 Dear Sir,

We have received material From usa qty 100 nos but in that 12 nos are rected at the time of inspection,so my query is that we have taken excise credit of all 100 nos.
our supplier give us credit for that parts and also he wants rejected parts back
please suggest what is correct method of rejected material send back to oversease supplier

Amol S Joglekar

Amol S Joglekar (Expert)
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14 June 2014 reverse the excise credit as well in the books of accounts.

Sachin Shedage

Sachin Shedage (Querist)
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14 June 2014 sir,

thank you but which document generate for re-export

sachin

Vishnu Saboo

Vishnu Saboo (Expert)
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17 June 2014 in my opinion, you need to reverse the cenvat availed on rejected material, for sending material u need to raise excise invoice.

Rupesh Jain

Rupesh Jain (Expert)
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19 June 2014 you need to reverse the excise on imported rejected material and make sale invoice to the party. give the detail of purchase invoice detail on sale invoice

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