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Return goods received after on Year Cenvat credit taken or not

Central Excise - Started By: - NARESH VIJAY - Dated:- 29-7-2016 Last Replied Date:- 17-9-2016 - Dear Expert,We have returnback Cenvatable Finished goods from our ware house after one year.Material Sent to warehouse Feb 15 and Returnback July 16.Please advice we can take cenvat credit or not . Akhilesh - Reply By KASTURI SETHI - The Reply = Sh.Vijay Ji, In such situation, Cenvat Credit is admissible as time limit of one year is not applicable to goods received back.Rule 16 of CE Rules, 2002 does .....

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wn documents as per circular no.F.no.267/44/2009-CX 8 dt. 25/11/09. - Reply By Ganeshan Kalyani - The Reply = Sir, as always Sri Kasturi Sir, had replied to the point and satisfactory and favourable reply within the framework of law. His untiring work is a source of inspiration to me.Sir, the credit is very much eligible in terms of rule 16 of Central Excise Rules, 2002. Thanks. - Reply By Rajagopalan Ranganathan - The Reply = As per third proviso to rule 4 (1) of Cenvat Credit Rules, 2004 the m .....

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ject. He told me that in the past they had availed the excise credit based on the Debit Note issued by the buyer while returning the goods. The department auditors rejected his claim saying that Debit Note is not the document mentioned in rule 9 (1) of CCR. The querist has mentioned the details as required on the face of the DN . Even then the credit wad disallowed. Please share your view on this. Thanks. - Reply By KASTURI SETHI - The Reply = Sh.Ganeshan Kalyani Ji, There is a plethora of judge .....

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