We have received material From usa qty 100 nos but in that 12 nos are rected at the time of inspection,so my query is that we have taken excise credit of all 100 nos. our supplier give us credit for that parts and also he wants rejected parts back please suggest what is correct method of rejected material send back to oversease supplier
19 June 2014
you need to reverse the excise on imported rejected material and make sale invoice to the party. give the detail of purchase invoice detail on sale invoice
CAclubindia
