Imported goods reject at the time inspection
This query is : Resolved
Sachin Shedage
(Querist)
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
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
(Expert)
14 June 2014
reverse the excise credit as well in the books of accounts.
Sachin Shedage
(Querist)
14 June 2014
sir,
thank you but which document generate for re-export
sachin
thank you but which document generate for re-export
sachin
Vishnu Saboo
(Expert)
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
(Expert)
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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