19 August 2014
Our Company is registered under Excise and Vat. We have paid excise/ Vat on our sales booked in earlier month. But now our customer (who is not registered under Excise / Vat)wants to return the goods. Now - 1) Can we take the credit of these sales return from Non Excise dealer??? 2) Can we take credit of Vat on Sales Return from Unregistered dealer???
And also please advice the documents required for taking credit of Excise and Vat.
26 August 2014
If you are manufacturer then after received the goods you can take the cenvat credit on own invoice and intimate to the excise department.