Sale's Return Material
This query is : Resolved
03 November 2009
Dear Sir,
1) I am working in foundry industries.in kolhapur.
2) I have Sale my Material to party with Excise Invoice in Aug.09
3) The Party Reject This material and send me return with their Excise invoice.
4) I have avail the Cenvat Credit of that material in Aug.09
5) But i can't enter this inword entry in Excise DSA Register.
6) I Can't Resale this Reject material to other party.Because,
7) After Rejection, My Material is as a Consumable (Raw Material)& i use this material in production process.
Pls.Kindly Guide me in above case & give me solution.
Thanking You,
Vinod Patil.
1) I am working in foundry industries.in kolhapur.
2) I have Sale my Material to party with Excise Invoice in Aug.09
3) The Party Reject This material and send me return with their Excise invoice.
4) I have avail the Cenvat Credit of that material in Aug.09
5) But i can't enter this inword entry in Excise DSA Register.
6) I Can't Resale this Reject material to other party.Because,
7) After Rejection, My Material is as a Consumable (Raw Material)& i use this material in production process.
Pls.Kindly Guide me in above case & give me solution.
Thanking You,
Vinod Patil.
03 November 2009
Gate entry is proved that goods received, so no need to wory.you can show Entry in current month dsa register.with put remarks Augst month entry
04 November 2009
Dear Anil Sir,
If i show this entry in current month.how can i clear this entry ?.Because i cannot sale that same Goods to other party.I use that goods as a raw material in procuction process,after rejection.
Kindly Guide Me.
Regards,
Vinod Patil.
If i show this entry in current month.how can i clear this entry ?.Because i cannot sale that same Goods to other party.I use that goods as a raw material in procuction process,after rejection.
Kindly Guide Me.
Regards,
Vinod Patil.
05 November 2009
SAME DAY RECEIVE AND SAME SAME ISSUE
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
- Taxable or Tax exempt
- CAPITAL GAIN BASE ON NOTIFICATION
- TDS Deducted AY-2013-14 Not Reflected in 26as
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- ADVANCE PAYMENT OF ADVOCATE
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Eway bill not cancelled within 24 hous what can be due
- TDS Return Q1 FY 2026-27
- Goods sold but invoice not issued
- GST rate and HSN code for sale of racing horses
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
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
