Return of Tax Paid Goods

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This query is : Resolved

Vijay Modi (Querist)

25 February 2009 Dear Sir,
We have sold the manufactured goods by paying ED. After that these material were rejected by the vendor and returned to the factory. Plz. explain in detail what are the procedure for:
1) Inward of material (If these are subjuct to Re-work), Refund of ED already Paid, whether compolsury intimation to be given to the department etc.
2) Inword material is subject to scrap
3) If we had taken back the the material and reverse the duty paid on it in the monthly return, what will be the liability on us?

Plz..... Help. Vijay

nilesh kshirsagar

nilesh kshirsagar (Expert)

27 February 2009 follow the rule 16 of centaral excise rules
rejectable goods are repaiarable then treat such goods as raw material repair the goods and send to original vendor without mentioning it again in daily stock account
thereis no need to intimate to depratmant

if the material is not repariable the stright way scrap it and clear it on excise duty

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