Sale return

868 views 3 replies

For sale return right now no intimation is  required with Annexure-51 to the range office..   Party neither issue own excise invoice nor sending our excise invoice for returning the materials , just giving D.C mentioning our exciose invoce no. & date .  Right now I know that there is no bar that Duplicate for transport copy is only require to take credit..

In this case  If party mention of our  excise invoice reference,then if i attach that excise invoice (photo copy, which is kept with us as office copy) is this sufficiant to take  cenvat credit on the strength of party's  delivery challan (D.C) ?

Thanks

Amitabha Mukherjee

Replies (3)

@ Amitabha Mukherjee, If its a sale return, then the entire set of Invoice along with the Original and Duplicate for transporter copy should be returned back. It will be better, if you give the intimation of the same to your range officer. Also you need to keep special track of the returned goods  in your stock and subsequent sale of the same. You cannot claim back the cenvat credit on the D.C. of the party. It will lead to problem at the time of Excise Audit. If can avail\reverse the cenvat credit only on your Dupilcate for Transporter's copy.

Thanks & Regards

Anandan.s

 

 

thanks Mr. Anandan for sharing your views,  Sometimes it is not possible for the party to send all the doc. as they are not returning entire materials, partial mats they are returning. In this state not possible to send the doc. , but they can raise their invoice , but some party averting this system . merely a dc they are raising and sending the same as sale return reffering our excise inv. no and date. all the formalities we are maintaining but for nothing we are loosing cenvat

thanks Mr. Anandan for sharing your views,  Sometimes it is not possible for the party to send all the doc. as they are not returning entire materials, partial mats they are returning. In this state not possible to send the doc. , but they can raise their invoice , but some party averting this system . merely a dc they are raising and sending the same as sale return reffering our excise inv. no and date. all the formalities we are maintaining but for nothing we are loosing cenvat


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 12 March 2026
Customer Relationship Executive

TAXLET

Calicut

B.Com

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details