Purchase return in case of excise

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This query is : Resolved

Rajiv (Querist)

24 March 2014 GOOD AFTERNOON AL EXPERTS,
I WANT TO ASK PURCHASE RETURN IN CASE OF EXCISABLE UNIT.WE ARE EXCISABLE UNIT. WE PURCHASE SOME MATERIAL FROM GAMUT ELECTRONICS.IHIS IS ALSO EXCISABLE UNIT.BUT DUE TO IQC ISSUE. WE WANT TO RETURN THIS MATERIAL TO PARTY.BUT VANDOR SAYS THAT PLEASE DO NOT RETURN GOODS AS DEBIT NOTE. PLEASE RETURN GOODS IN SALES VOUCHER. MY QUERY IS THAT WHAT IS DIFFERENCE BETWEEN DEBIT NOTE AND SALES VOUCHER IN CASE OF EXCISABLE UNIT.

Arun Kumar Singh

Arun Kumar Singh (Expert)

24 March 2014 If the buyer rejects the goods after availing cenvat credit, he should return the goods on the strength of his invoice. This invoice can be duty paying document for availment of credit. No need to issue invoice if no cenvat credit availed.

Message likes : 1 times

Rajiv

Rajiv (Querist)

24 March 2014 thanks for reply sir but we already availed the cenvat credit on this bill

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