09 December 2016
Please suggest how to change excise invoice in the following scenario Suppose, consignor sold the material which is subsequently rejected by the consignee. a) The consignor sold the material to the other consignee (nearest to such location) instead of taking back the material to Plant (to avoid addl. freight cost). b) The consignor transfer the material to the nearest consignment stockiest depot (thru system return entry in virtual plant and subsequent stock transfer to CSA point) and sell thereof. How to change the excise invoice. Shall one go for manual correction in excise invoice or there is other option to change system sales records as well as excise invoice?
Regards, Raja Dey +91 98301 94815 / +91 90070 19370
11 December 2016
I suggest to follow the procedure as under :- 1. First Buyer to take CENVAT credit, 2. Clear the rejected goods to Second Buyer on Invoice for clearance of Inputs as such by revering the CENVAT credit, 3. You should issue a credit note to the First Buyer 4. You should issue a debit note to the Second Buyer 5. Second buyer can avail CENVAT on invoice issued by the First Buyer
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