TMI BlogWhether Adjustment of Central Excise Duty paid @1% can be done if the jewellery is returnedX X X X Extracts X X X X X X X X Extracts X X X X ..... A manufacturer cleared a jewellery set on 05.03.2016 on payment of Central Excise Duty @ 1%. However, on 18.03.2016, the same is returned back by the customer. Now, can I adjust the 1% central Excis ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e duty already paid on jewellery subsequent sales? - Reply By KASTURI SETHI - The Reply = On what grounds the jewellery was returned ? Either Rule 16 (1) or (2) or (3) of CE Rules, 2002 is to be ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... followed depending upon the requirement. - Reply By Ganeshan Kalyani - The Reply = I agree with the views submitted by Sri Kasturi Sir. Rule 16 of Central Excise Rules deals with the returned ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... goods and its excise duty implications. - Whether Adjustment of Central Excise Duty paid @1% can be done if the jewellery is returned - Query Started By: - Anish Goyal Dated:- 19-3-2016 Central Exc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ise - Got 2 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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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