Respected all In case of first stage dealer while purchase of goods, goods are short received in the factory premises, though invoice was raised with full amount, now whether - 1. Debit note should by receiver be raised along with the amt of excise duty or only with basic value? 2. Whether the cenvat credit should be booked for with total credit first, & then the credit of goods short received should be reversed back. or directly a entry with total credit less credit of goods short received should be made?
Kindly provide me with your valuable answer
Thanking you
CAclubindia
