Cenvat Credit on Returned Goods, Central Excise

[gopal rao]

Dear Experts,

We supplied material to C&F agent on excise invoice. The Agent returned few products on his invoice showing total value of the products,without showing Excise duty. The returned goods have a resale value. So, How can I take Credit on returned goods. Pls advise.

ThanQ

Posts / Replies

[Rajagopalan Ranganathan]

Sir,

You can take credit on the basis of triplicate copy of the invoice available with you as 'office copy'.

[Ganeshan Kalyani]

Sir, as per Rule 16 of Central Excise Rules, 2002 you can take the credit. Thanks.