Required documents for availing cenvat credit on customer re

Save Share

This query is : Resolved

vinay (Querist)

15 February 2013 Sir,
in case of Finished goods rejected by the buyers, under which documents buyer can send back rejected qty

one of our well wisher guided that it must be removed by buyers either-Excise Invoice-Removed as such or Challan (wherein reference of Supplier's invoice to be shown in Challan) than only after intimation to Central excise & verification by Excise, Proportionate credit may be taken under the provision of Cenvat Credit Rules, 2004 read with rule 16 of the Central Excise Rules, 2002.

can we avail customer return goods credit on the basis of buyers delivery challan with our invoice reference /date/qty though we do not receive any duty paying document.

request you to pl.inform us exact required documents list and condition to avail credit

regds.
Vinay Karnik

Arun Kumar Singh

Arun Kumar Singh (Expert)

17 February 2013 Depend upon the classification of goods. You can take the cenvat credit on return goods as an input and after process you can sell after paying the duty.

Message likes : 1 times

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now