Return of duty paid goods
This query is : Resolved
01 December 2012
We have sole 20 MT of Ferro Silicon to Vishakapatnam Steel Plant during November 2012. Now the material is rejected by them due to inferior quality. We have decided to bring back th material. What will be the treatment in Excise records?
01 December 2012
Rule 16.
1.Maintain sepertate Register.
2.Take cenvat credit on the basis of invoice of buyer as inputs in RG 23A
3.If no manufacture is undertaken then pay the same amount of cenvat taken at the time of removal. If amounts to manufacture pay the duty as applicable under Section 4 or 4A.
1.Maintain sepertate Register.
2.Take cenvat credit on the basis of invoice of buyer as inputs in RG 23A
3.If no manufacture is undertaken then pay the same amount of cenvat taken at the time of removal. If amounts to manufacture pay the duty as applicable under Section 4 or 4A.
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
- Off Market debit and credit transaction
- Showing Gift from relative in ITR for this year
- Share accounting-->fifo - capital gain - period as per fifo?
- Short Term Capital gain on shares bought and sold after 2018 onwards
- ITR selection for salaries and capital gain less than L
- Soyabean hsn code and gst rate
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Treatment of Pension ?annuity returns on PMVY
- One Post a Week Done Right Beats Seven Done Wrong
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
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
