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How to treat and resale duty paid goods returned

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..... How to treat and resale duty paid goods returned
Query (Issue) Started By: - Ramesh Patel Dated:- 20-11-2010 Last Reply Date:- 1-12-2010 Central Excise
Got 2 Replies
Central Excise
We are .....

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..... mfg of infrastructure products. The contractors after completion of work returns excess material lying at site or part of material supplied due to technical problems. As per Excise we need Excise Inv .....

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..... oice to claim cenvat for the same. But this contractor aren't registered under excise. And they can't raised invoice of service tax for goods returned. Pls suggest how to treat this issue. And if we d .....

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..... oen't take cenvat on returned goods. How to resale it and how to record it. Reply By Rama Krishana: The Reply: Your facts are not complete to provide suitable solution. But, in my view, based on certa .....

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..... in assumptions, in the present scenario, it is difficult to claim cenvat credit by you. Reply By Ramesh Patel: The Reply: thank u for reply Mr. Rama Krishan, I will explain u step by step. a) Materia .....

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..... l sold to contractor with excise duty b) material return by contractor on rejcetion note c) I am not claiming cenvat for material return by contractor but want to sale it again without excise duty. Pl .....

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..... s give your comment wheather I can sale it or not. If I can sale it what is the procedure to be followed. As per opinion of late Gunashekheran (Excise expert) we can sale it on simple delivery challan .....

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Discussion Forum - Knowledge Sharing .....

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