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
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.
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