29 December 2014
We are the manufacturers of Cosmetic goods falling under ch.no.3304/3305. Now Original buyer wants to send back some products to our factory for repairing. It will repair and send back to them. What is the excise rules, There is any intimation/information needs to give to excise department?. At the time of receipt of the return back material we will avail the excise benefits and after repairs it will return back to the party after paying excise duty. Is it correct.
29 December 2014
party can send the goods retrun to you for that generated the purchase return as invoice. and after rectification you send good after generating sales invoice with ref of party purchase return invoice.