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Reversal/credit of excise duty on import materials

This query is : Resolved

Ravi Kumar (Querist)
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12 February 2014 We have imported some material on payment of duty. Subsequently some material found to be below standard and we returned such material by raising a purchase return invoice (for partial qty) and paid duty at the time of removal. Those goods were lying with Clearing agent for some time and now my supplier has denied to take such goods back. My Question is whether i can take the credit of duty which i paid at the time of removal ? if so on what basis or is there any other solution for this situation. Pls answer

Arun Kumar Singh

Arun Kumar Singh (Expert)
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12 February 2014 Yes, you can take the cenvat credit on the basis of invoice.

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