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Cenvate on return material

This query is : Resolved 
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(Querist)
27 August 2015 DEAR SIR

WE HAVE DISPATCHED MATERIAL ON 30.03.2015 TO CHENNAI. CHARGED EXCISE & VAT ON THIS BILL.
BUT NOW TRANSPORTER SAID THAT PARTY IS NOT TAKING THE MATERIAL & HE RETURN THE MATERIAL TO US ON OUR BILL. SO PLEASE TELL NOW CAN WE REVERSE THE CENVATE & VAT AMOUNT TO RECOVER OR LOSS

THANKS & REGARDS

VIPIN KUMAR SHARMA
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Arun Kumar Singh

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Arun Kumar Singh (Expert)
27 August 2015 Yes, you can take the cenvat credit on own invoice after receipt of material.

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