I am creating a delivery from my plant A for Customer X, now for any damn reason customer rejects my goods without making a GRN and I am forced to create a return delivery. Now my question is when I sold this material, I have amount of duty standing in my duty payable in Plant A. Now I change plant in my return delivery as plant B, as taking back the material in plant A will screw me because freight will be more that the value of material. Can I take the input credit on the rejection in plant B if I transfer my payable with a JV to plant B ?
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Duty Credit on Sales Return
Replies (2)
No you cannot
Dear Umesh,
U can't credit taken in your Plant "B". if u r credit taken in plant "B" it is illegally & if it is shown by any excise office may be he gives u a SCN.
himanshu.
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