Material reject by customer
This query is : Resolved
02 March 2012
R/Sir,
We sold some material to our customer with Excise Invoice. But the Customer reject that material and sent it to us return with their Gate pass only alongwith our Invoices. Please tell me that can we reversed the cenvat of that Invoice.
We sold some material to our customer with Excise Invoice. But the Customer reject that material and sent it to us return with their Gate pass only alongwith our Invoices. Please tell me that can we reversed the cenvat of that Invoice.
Guest
Guest
(Expert)
02 March 2012
It will be treated equivalent to purchase & cenvat credit can be taken on the basis of invoice issued.
04 March 2012
Can we take cenvat in RG 23A part II, without Party Invocice? how can i take cenvat credit on our invoice? What will be the entry in RG-1 and RG-23A part II?
05 March 2012
RG 23 Part II, you can take credit with the returned invoice (i.e. your invoice).
Actually RG 23, Part II is not a statutory register you need not to maintain, its optional to yours. whatever you taken in your accounts is sufficient.
Actually RG 23, Part II is not a statutory register you need not to maintain, its optional to yours. whatever you taken in your accounts is sufficient.
05 March 2012
It means that we will not show the sale of above material. Please give me the detail of Statutory registers which we need to maintain.
17 July 2023
"Sorry, I am not a featured member."
For featured members contact....
https://www.caclubindia.com/catalogue/featured.asp
For featured members contact....
https://www.caclubindia.com/catalogue/featured.asp
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
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Unregistered suppliers utility
- ITDS U/S.194T of Firm
- Difference between Date of Payment and Date of Deduction?
- GST Rate for Catering Services
- FCRA 6 E- Intimation
- Need Professional Opinion - AY 2012-13 Old Demand & AY 2026-27 Refund Adjustment
- ADDITION OF CHALLAN IN TDS RETURN FORM 140
- Non-Compliance documents have not been submitted by the contractors debited
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
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
