Claim of excise duty paid on sales returns

This query is : Resolved

keerthi g kulkarni (Querist)
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12 June 2012
Hi all

Can any one tell whether credit can be claimed on sales returns happened in the year 2011 -12 from the month of Nov 11 to Jan 12, the current year 2012-13?? If yes what is the procedure for claiming duty amount paid in excess.

Madhukar N Hiregange

Madhukar N Hiregange (Expert)
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14 June 2012 The duyt of excise on goods returned is available in full.

Subsequentlyly 2 possibilities:
1. Same goods resold/ removed- duty reversal of duty credit.

2. Goods remanufactured/ reprocessed and then sold- duty payable on value of sale whether more/ less.