Change in excise invoice

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Dip Narayan

Deputy Manager

492 Points Posted on 01 September 2011

Please sugget how to change the excise invoice in the following scenerio:-

Consignor has sold the material. The consignee rejects to accept the material. Now the conignor sold the material to the other consignee instead of taking back the material. How to change the excise invoice .

Is it really possible to change the excise invoice ?

Regards

Replies (2)

CA Unnikrishnan Nair N

Chartered Accountant

2114 Points Posted on 02 September 2011

You cannot change invoice already issued. Show it as goods returned and issue credit note to the original buyer. Take cenvat credit of the duty paid. Issue fresh invoice to the new buyer showing the same duty amount . Although this is the possible solution, one anomaly will be glaring. There is no transport document for the inward and ouward movement of the goods.

Durga prasad Ambati

Taxation Pursuing CA

382 Points Posted on 03 September 2011

Originally posted by : CA Unnikrishnan Nair N
	You cannot change invoice already issued. Show it as goods returned and issue credit note to the original buyer. Take cenvat credit of the duty paid. Issue fresh invoice to the new buyer showing the same duty amount . Although this is the possible solution, one anomaly will be glaring. There is no transport document for the inward and ouward movement of the goods.