Dear Sir,
We have purchase raw material from A company for Rs. 100000/- but it is found that he has charged excess rate for Rs.5000 in bill, in this regards can we reversed excsie duty or not through debit note.
if we have reversed excise duty , Can" A company " will get cenvat credit of aforesaid exicse duty ?
Waiting for reply,
Regards
Kiran Satdive
Well the question is not clear.........can u please....put the one in a clear format..............
Cenvat credit on Base of Invoice only
No Cenvat credit allowed on Debit /Credit Note.
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