Procedure - return of stock

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..... WE purchased raw materials in April`08 and availed excise cenvat credit VAT.Due to closing of that particular business, we decided to return the entire stock of Raw materials to supplier.Can you enl .....

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..... ighten what the procedure to adopt under Excise and VAT. - Reply By Madhukar N Hiregange - The Reply = Under central excise reverse the duty credits availed and bill back to the supplier after establ .....

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..... ishing under which invoice it came. The consideration maybe different but excise would be the same. Under VAT since the credit is available on the same price back to the supplier charge the VAT. - Pro .....

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..... cedure - return of stock - Query Started By: - Kafeel Dated:- 29-4-2009 Central Excise - Got 1 Reply - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinio .....

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..... n Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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