TMI BlogGOODS RETURNX X X X Extracts X X X X X X X X Extracts X X X X ..... We are manufacturer of Pharmaceuticals Machinery. We cleared one machine to our customer in 2011 now the same customer intend to return the same as sale of assets to us with payment of duty. If the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... said machine we take as input dismantle the parts use the parts in various machinery wherever suitable and some parts cleared as scarp. In this procedure we do not have any co- relation ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... regarding clearance of machine parts of the said machine. Whereas the Law says if we take credit on Finished Goods which is return by our customer it is importance to show clearance of the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... same with payment of Excise duty either equal to credit or more than credit avail. Still can we avail credit in the above matter. Pl. advice. - Reply By PAWAN KUMAR - The Reply = As per my vi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ew , in rule 16 it has specified that when any goods is brought to any factory for being re-made, manufacturer can claim cenvat as input and process the same. If the process does not amount to manufac ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ture, reverse the cenvat taken. if the process is amount to manufactuer pay the duty on rate at the time of removal and on the value as determined. - GOODS RETURN - Query Started By: - SURYAKANT MI ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... THBAVKAR Dated:- 23-9-2013 Central Excise - Got 1 Reply - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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