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Cess for purchase return

Central Excise - Started By: - vuchcholla Bhaskar - Dated:- 2-3-2015 Last Replied Date:- 10-3-2015 - Dear Sir, We have purchased child parts last month with excise duties and now this material got rejected, now we need to send the purchase return to .....

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much duty we need to pay. Thanks, Bhaskar - Reply By Pradeep Khatri - The Reply = Dear Bhaskar,You need to pay 12.50% and accumulated credit of CESS, you need to submit a presentation to North Block for getting the refund.RegardsYAGAY and SUN(Ma .....

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of CCR, 2004 if anything on which cenvat has been claimed is returned back AS SUCH then credit will be reversed proportionately. If one has availed 12% + 2% + 1% then equal duty will be paid. Regards, SANTOSH SHARMA - Reply By Mehul Trivedi - The Re .....

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