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reversal of central excise on goods damaged in transit

Central Excise - Started By: - SRINIVAS Parampalli - Dated:- 3-4-2016 Last Replied Date:- 5-4-2016 - kindly advise under which section of central excise rule can excise duty reversal can be made on finished goods cleared from factory after payment of .....

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entral excise that duty can be adjusted against new machine that shall be supplied. Is it required the invoice raised on damaged goods to be cancelled - Reply By Rajagopalan Ranganathan - The Reply = Sir,If the machinery is damaged during transit, th .....

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s cleared. If you are not able to repair the machinery and scrapped it, then you have to pay duty on the transaction value of the scrapped machinery. You cannot adjust the duty paid on the damaged machinery against supply of new machinery. You have t .....

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