Please reply urgent
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 March 2015
GOOD EVENING TO ALL EXPERTS,
OUR COMPANY IS EXCISABLE UNIT. WE SOLD FINISHED GOODS TO PARTY WHICH IS EXCISE EXEMPTED UNIT. BUT DUE TO SOME IQC MISTAKE PARTY RETURN SOME MATERIAL US. BUT PARTY RETURN MATERIAL THROUGH DEBIT NOTE. SO WE TOLD TO PARTY THAT PLEASE RETURN MATERIAL IN SALE INVOICE INSTEAD OF DEBIT NOTE.MY QUERY IS THIS THAT CAN WE RECEIPT MATERIAL FROM PARTY THROUGH DEBIT NOTE.BACAUSE PARTY IS EXCISE FREE UNIT SO HE CAN NOT SHOW EXCISE IN THEIR SALE INVOICE.PLEASE HELP SIR
OUR COMPANY IS EXCISABLE UNIT. WE SOLD FINISHED GOODS TO PARTY WHICH IS EXCISE EXEMPTED UNIT. BUT DUE TO SOME IQC MISTAKE PARTY RETURN SOME MATERIAL US. BUT PARTY RETURN MATERIAL THROUGH DEBIT NOTE. SO WE TOLD TO PARTY THAT PLEASE RETURN MATERIAL IN SALE INVOICE INSTEAD OF DEBIT NOTE.MY QUERY IS THIS THAT CAN WE RECEIPT MATERIAL FROM PARTY THROUGH DEBIT NOTE.BACAUSE PARTY IS EXCISE FREE UNIT SO HE CAN NOT SHOW EXCISE IN THEIR SALE INVOICE.PLEASE HELP SIR
ANIL JANGID
(Expert)
11 March 2015
you ask party send the material proper formality give reason in their letter head and ask party send back transport copy you can utilise it taking cenvat.
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