Contact us   Feedback   Annual Subscription   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Extracts
Home List
← Previous Next →

Goods rejected from our customer

Central Excise - Started By: - Prem Bajaj - Dated:- 9-7-2016 Last Replied Date:- 14-7-2016 - Dear Experts,Please resolve my query!! We have supplied our Final product to our customer and our final product will be a part of a machinery for our customer . Our customer used our product and in manufacturing process They came to know some fault in our product and their one raw material , say X got attached with our product, say Y,. Now customer raised one invoice i.e. rejection invoice for our produc .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

n ??Please suggest, Thanks in advance. - Reply By KASTURI SETHI - The Reply = Sh.Prem Bajaj Ji, Can you use the returned goods (both) in the manufacture of any dutiable final product ? - Reply By Prem Bajaj - The Reply = No sir both products are waste/ scrap for us. - Reply By Ganeshan Kalyani - The Reply = Sir , if you cannot use the returned goods in the manufacture of duitable goods then credit cannot be availed. Thanks. - Reply By KASTURI SETHI - The Reply = Dear Sir, I fagree with Sh.Ganesh .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ge excise duty on this. And if i consider another material which my customer reject i will not take credit of this but on account of sale of this scrap i will not charge excise duty as well because this is not my manufactured item. Please correct me if i am wrong. Thanks alot for giving your valuable time. - Reply By KASTURI SETHI - The Reply = Sh.Bajaj Ji, Rejected finished goods are eligible for cenvat credit only if the same are to be recycled/used in the manufacture of dutiable final product .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version