Required documents for availing cenvat credit on customer re
This query is : Resolved
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
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
(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
Click here to login now
Similar Resolved Queries
Unanswered Queries
- ETDS return q4 25-26
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
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
