banner_ad

Rerun Material accounting

This query is : Resolved 
Profile Image

Profile Image

(Querist)
07 March 2009 Plase give me suggestion on below matter

our sales material are return to company we lies in our record as Rejection Material & after some day we aend this material to another party in part consignment, but i have confusion regarding that how we again charge duty in part as well as what is correct effect on Rg-1 when it is reprocess
Profile Image

nilesh kshirsagar

Profile Image

nilesh kshirsagar (Expert)
10 March 2009 after repairing you can send material to any party in part or in full, as the material is reprocessed hence there is no need to enter it in DSA/ RG1 while clearing.
you can treat the rejected goods as raw material and can avail the credit on that and after reprocess agian clear it on excise. the effect of such that you have to pay duty one time only.

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


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
08 May 2026
CHARTERED ACCOUNTANT

SHAH LADHA AND ASSOCIATE

Ahmedabad

CA

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
08 May 2026
Paid Assistants

Quick Taxperts Private Limited

Bengaluru

Graduate (Any)

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
06 May 2026
Account Assistant / Article Clerk

V.K. Ranjan & Co(Chartered Accountants)

New Delhi

B.Com

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details